Future Trend Analysis Report
Prepared for you on Thursday, March 22, 2018.
SOYBEAN (MINI) Nov 2018 (E) (CBOT:XK.X18.E)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.X18.E
The long term trend has been UP since Feb 15th, 2018 at 1023.625
The intermediate term trend has been DOWN since Mar 19th, 2018 at 1024.000
The short term trend has been DOWN since Mar 9th, 2018 at 1036.250
Smart Scan Analysis for XK.X18.E
Based on a pre-defined weighted trend formula for chart analysis, XK.X18.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1047.75||Contract High Date||2018-03-07|
|Contract Low||872||Contract Low Date||2016-03-03|
|Estimated Volume||195||First Delivery||2018-12-04|