Future Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
SOYBEAN CRUSH Jul 2018 (CBOT:BCX.N18)
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.N18
The long term trend has been UP since Nov 30th, 2017 at 96.50
The intermediate term trend has been DOWN since May 22nd, 2018 at 151.75
The short term trend has been DOWN since May 15th, 2018 at 165.75
Smart Scan Analysis for BCX.N18
Based on a pre-defined weighted trend formula for chart analysis, BCX.N18 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||181.5||Contract High Date||2018-04-04|
|Contract Low||69.25||Contract Low Date||2017-02-15|