Future Trend Analysis Report
Prepared for you on Friday, January 19, 2018.
SOYBEAN CRUSH Sep 2018 (CBOT:BCX.U18)
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.U18
The long term trend has been DOWN since Jul 13th, 2017 at 80.50
The intermediate term trend has been DOWN since Dec 26th, 2017 at 92.00
The short term trend has been UP since Jan 18th, 2018 at 104.25
Smart Scan Analysis for BCX.U18
Based on a pre-defined weighted trend formula for chart analysis, BCX.U18 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||124||Contract High Date||2017-06-30|
|Contract Low||72.25||Contract Low Date||2017-08-01|