Future Trend Analysis Report
Prepared for you on Friday, October 20, 2017.
SOYBEAN CRUSH May 2018 (CBOT:BCX.K18)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 BCX.K18
The long term trend has been UP since Dec 27th, 2016 at 93.75
The intermediate term trend has been DOWN since Sep 27th, 2017 at 85.25
The short term trend has been UP since Oct 20th, 2017 at 88.25
Smart Scan Analysis for BCX.K18
Based on a pre-defined weighted trend formula for chart analysis, BCX.K18 scored +75 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|