Future Trend Analysis Report
Prepared for you on Monday, October 21, 2019.
BUTTER-CASH SETTLED Jan 2020 (CME:CB.F20)
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 CB.F20
The long term trend has been DOWN since Aug 23rd, 2019 at 223.000
The intermediate term trend has been DOWN since Aug 22nd, 2019 at 225.900
The short term trend has been DOWN since Oct 17th, 2019 at 209.525
Smart Scan Analysis for CB.F20
Based on a pre-defined weighted trend formula for chart analysis, CB.F20 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).