Future Trend Analysis Report
Prepared for you on Thursday, October 19, 2017.
SOYBEAN CRUSH Dec 2017 (CBOT:BCX.Z17)
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.Z17
The long term trend has been DOWN since Sep 27th, 2017 at 90.50
The intermediate term trend has been DOWN since Sep 8th, 2017 at 94.50
The short term trend has been DOWN since Oct 17th, 2017 at 91.25
Smart Scan Analysis for BCX.Z17
Based on a pre-defined weighted trend formula for chart analysis, BCX.Z17 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||118||Contract High Date||2016-08-19|
|Contract Low||78.5||Contract Low Date||2016-12-15|