Future Trend Analysis Report
Prepared for you on Thursday, April 25, 2019.
ETHANOL Jul 2019 (CBOT:EH.N19)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DOWN since Apr 1st, 2019 at 1.356
The short term trend has been DOWN since Apr 24th, 2019 at 1.349
Smart Scan Analysis for EH.N19
Based on a pre-defined weighted trend formula for chart analysis, EH.N19 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||18:00||Close Time||17:00|