Future Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
SOYBEAN CRUSH May 2019 (CBOT:BCX.K19)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.K19
The long term trend has been DOWN since Nov 1st, 2018 at 110.00
The intermediate term trend has been DOWN since Oct 24th, 2018 at 113.75
The short term trend has been UP since Nov 16th, 2018 at 92.50
Smart Scan Analysis for BCX.K19
Based on a pre-defined weighted trend formula for chart analysis, BCX.K19 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||151.5||Contract High Date||2018-07-06|
|Contract Low||82||Contract Low Date||2017-12-04|