Future Trend Analysis Report
Prepared for you on Sunday, May 19, 2019.
ETHANOL Jul 2019 (CBOT:EH.N19)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for EH.N19
The long term trend has been DOWN since Apr 2nd, 2019 at 1.343
The intermediate term trend has been UP since May 15th, 2019 at 1.366
The short term trend has been UP since May 14th, 2019 at 1.328
Smart Scan Analysis for EH.N19
Based on a pre-defined weighted trend formula for chart analysis, EH.N19 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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