Future Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
ETHANOL Jul 2019 (CBOT:EH.N19)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 UP since May 28th, 2019 at 1.422
The intermediate term trend has been UP since May 15th, 2019 at 1.366
The short term trend has been DOWN since Jun 26th, 2019 at 1.570
Smart Scan Analysis for EH.N19
Based on a pre-defined weighted trend formula for chart analysis, EH.N19 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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