Future Trend Analysis Report
Prepared for you on Monday, October 21, 2019.
MILK CLASS IV Nov 2019 (CME:GDK.X19)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 GDK.X19
The long term trend has been DOWN since Aug 5th, 2019 at 17.14
The intermediate term trend has been UP since Sep 16th, 2019 at 16.74
The short term trend has been UP since Oct 14th, 2019 at 16.70
Smart Scan Analysis for GDK.X19
Based on a pre-defined weighted trend formula for chart analysis, GDK.X19 scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).