Future Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
SOYBEAN CRUSH Aug 2018 (CBOT:BCX.Q18)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.Q18
The long term trend has been UP since Dec 6th, 2017 at 105.50
The intermediate term trend has been DOWN since Mar 12th, 2018 at 116.25
The short term trend has been UP since Mar 21st, 2018 at 119.75
Smart Scan Analysis for BCX.Q18
Based on a pre-defined weighted trend formula for chart analysis, BCX.Q18 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||152.5||Contract High Date||2018-02-28|
|Contract Low||67.75||Contract Low Date||2017-08-01|