Future Trend Analysis Report
Prepared for you on Monday, June 26, 2017.
SOYBEAN CRUSH May 2018 (CBOT:BCX.K18)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.K18
The long term trend has been UP since Dec 27th, 2016 at 93.75
The intermediate term trend has been DOWN since Jun 6th, 2017 at 84.75
The short term trend has been DOWN since Jun 20th, 2017 at 86.00
Smart Scan Analysis for BCX.K18
Based on a pre-defined weighted trend formula for chart analysis, BCX.K18 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||99.75||Contract High Date||2017-01-30|
|Contract Low||69||Contract Low Date||2016-12-09|