Future Trend Analysis Report
Prepared for you on Thursday, July 20, 2017.
SOYBEAN CRUSH Jan 2018 (CBOT:BCX.F18)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 BCX.F18
The long term trend has been UP since May 10th, 2017 at 97.50
The intermediate term trend has been UP since Jun 23rd, 2017 at 96.25
The short term trend has been DOWN since Jul 17th, 2017 at 90.50
Smart Scan Analysis for BCX.F18
Based on a pre-defined weighted trend formula for chart analysis, BCX.F18 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||103.75||Contract High Date||2017-05-10|
|Contract Low||62||Contract Low Date||2016-12-27|