Future Trend Analysis Report
Prepared for you on Monday, May 29, 2017.
SOYBEAN CRUSH Jul 2018 (CBOT:BCX.N18)
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.N18
The long term trend has been DOWN since Feb 15th, 2017 at 70.00
The intermediate term trend has been UP since May 1st, 2017 at 91.75
The short term trend has been DOWN since May 18th, 2017 at 86.75
Smart Scan Analysis for BCX.N18
Based on a pre-defined weighted trend formula for chart analysis, BCX.N18 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||100.75||Contract High Date||2017-01-30|
|Contract Low||69.25||Contract Low Date||2017-02-15|