Future Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
MPC SONIA Sep 2019 (CME:MPC.U19)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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 MPC.U19
The long term trend has been UP since Feb 21st, 2019 at 99.205
The intermediate term trend has been UP since Jul 2nd, 2019 at 99.310
The short term trend has been DOWN since Jul 11th, 2019 at 99.325
Smart Scan Analysis for MPC.U19
Based on a pre-defined weighted trend formula for chart analysis, MPC.U19 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).