Future Trend Analysis Report
Prepared for you on Wednesday, June 28, 2017.
SOYBEAN (MINI) Nov 2017 (E) (CBOT:XK.X17.E)
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 XK.X17.E
The long term trend has been DOWN since Mar 24th, 2017 at 981.000
The intermediate term trend has been DOWN since Jun 22nd, 2017 at 915.875
The short term trend has been UP since Jun 27th, 2017 at 918.000
Smart Scan Analysis for XK.X17.E
Based on a pre-defined weighted trend formula for chart analysis, XK.X17.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1090||Contract High Date||2014-04-01|
|Contract Low||872||Contract Low Date||2016-03-01|
|Estimated Volume||39||First Delivery||2017-12-04|