Future Trend Analysis Report
Prepared for you on Friday, October 20, 2017.
SOYBEAN CRUSH Aug 2018 (CBOT:BCX.Q18)
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.Q18
The long term trend has been DOWN since Jul 24th, 2017 at 72.50
The intermediate term trend has been DOWN since Oct 2nd, 2017 at 76.50
The short term trend has been DOWN since Oct 16th, 2017 at 81.75
Smart Scan Analysis for BCX.Q18
Based on a pre-defined weighted trend formula for chart analysis, BCX.Q18 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||112.75||Contract High Date||2017-05-19|
|Contract Low||67.75||Contract Low Date||2017-08-01|