Future Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
SOYBEAN CRUSH May 2019 (CBOT:BCX.K19)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 BCX.K19
The long term trend has been UP since Dec 6th, 2017 at 97.5
The intermediate term trend has been DOWN since May 8th, 2018 at 113.5
The short term trend has been DOWN since May 21st, 2018 at 117.0
Smart Scan Analysis for BCX.K19
Based on a pre-defined weighted trend formula for chart analysis, BCX.K19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||131||Contract High Date||2018-04-04|
|Contract Low||82||Contract Low Date||2017-12-04|