Future Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
CORN (MINI) Jul 2019 (CBOT:XC.N19)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 XC.N19
The long term trend has been DOWN since Jun 11th, 2018 at 412.500
The intermediate term trend has been DOWN since Dec 26th, 2018 at 390.875
The short term trend has been UP since Feb 21st, 2019 at 391.000
Smart Scan Analysis for XC.N19
Based on a pre-defined weighted trend formula for chart analysis, XC.N19 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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