Future Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
SOYBEAN CRUSH Oct 2019 (CBOT:BCX.V19)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.V19
The long term trend has been DOWN since Jul 6th, 2018 at 147.00
The intermediate term trend has been UP since Nov 26th, 2018 at 99.75
The short term trend has been DOWN since Nov 26th, 2018 at 90.50
Smart Scan Analysis for BCX.V19
Based on a pre-defined weighted trend formula for chart analysis, BCX.V19 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||151.75||Contract High Date||2018-07-16|
|Contract Low||79.25||Contract Low Date||2018-11-13|