Future Trend Analysis Report
Prepared for you on Friday, June 22, 2018.
SOYBEANS Jul 2018 (E) (NYBOT:IS.N18.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 IS.N18.E
The long term trend has been UP since Feb 15th, 2018 at 1038.75
The intermediate term trend has been DOWN since May 7th, 2018 at 1032.25
The short term trend has been UP since May 21st, 2018 at 999.75
Smart Scan Analysis for IS.N18.E
Based on a pre-defined weighted trend formula for chart analysis, IS.N18.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1054.5||Contract High Date||2018-02-20|
|Contract Low||969.25||Contract Low Date||2018-06-08|