Future Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
ULTRA T-BONDS Mar 2020 (CBOT:UB.H20)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 UB.H20
The long term trend has been DOWN since Oct 16th, 2019 at 188.06250
The intermediate term trend has been UP since Jan 5th, 2020 at 186.09375
The short term trend has been UP since Jan 20th, 2020 at 185.31250
Smart Scan Analysis for UB.H20
Based on a pre-defined weighted trend formula for chart analysis, UB.H20 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).