Future Trend Analysis Report
Prepared for you on Thursday, August 17, 2017.
SOYBEAN (MINI) Nov 2017 (E) (CBOT:XK.X17.E)
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 XK.X17.E
The long term trend has been UP since Jul 3rd, 2017 at 979
The intermediate term trend has been DOWN since Aug 1st, 2017 at 984
The short term trend has been DOWN since Aug 10th, 2017 at 960
Smart Scan Analysis for XK.X17.E
Based on a pre-defined weighted trend formula for chart analysis, XK.X17.E scored -70 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||122||First Delivery||2017-12-04|