Future Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
ULTRA 10 YEAR T-NOTES Sep 2019 (CBOT:TN.U19)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 TN.U19
The long term trend has been DOWN since May 30th, 2019 at 135.078125
The intermediate term trend has been DOWN since Jul 11th, 2019 at 136.906250
The short term trend has been UP since Jul 15th, 2019 at 136.921875
Smart Scan Analysis for TN.U19
Based on a pre-defined weighted trend formula for chart analysis, TN.U19 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).