Future Trend Analysis Report
Prepared for you on Tuesday, August 20, 2019.
BUTTER-CASH SETTLED Dec 2019 (CME:CB.Z19)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 CB.Z19
The long term trend has been UP since May 14th, 2019 at 230.400
The intermediate term trend has been DOWN since Jul 29th, 2019 at 234.125
The short term trend has been UP since Aug 7th, 2019 at 232.300
Smart Scan Analysis for CB.Z19
Based on a pre-defined weighted trend formula for chart analysis, CB.Z19 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).