Future Trend Analysis Report
Prepared for you on Monday, May 1, 2017.
SOYBEAN CRUSH Aug 2018 (CBOT:BCX.Q18)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 Apr 12th, 2017 at 94.5
The intermediate term trend has been DOWN since Apr 26th, 2017 at 79.5
The short term trend has been DOWN since Apr 24th, 2017 at 83.5
Smart Scan Analysis for BCX.Q18
Based on a pre-defined weighted trend formula for chart analysis, BCX.Q18 scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||96.75||Contract High Date||2017-04-12|
|Contract Low||75.25||Contract Low Date||2017-03-27|