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Future Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

US MIDWEST #1 BUSHELING FERROUS SCRAP Jan 2019 (E) (NYMEX:BUS.F19.E)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.

NYMEX_BUS.F19.E
Open High Low BUS.F19.E Price Change
402 402 402 402 0
Entry Signal

MarketClub’s Trade Triangles for BUS.F19.E

long term up The long term trend has been UP since Oct 4th, 2018 at 395

intermediate term up The intermediate term trend has been UP since Sep 4th, 2018 at 372

short term down The short term trend has been DOWN since Nov 12th, 2018 at 412

Smart Scan Analysis for BUS.F19.E

Based on a pre-defined weighted trend formula for chart analysis, BUS.F19.E scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for BUS.F19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
402 402 402 402 0
Prev. Close Volume Bid Ask Time
402 4 2018-11-16 14:18:40
Contract High415Contract High Date2018-11-06
Contract Low368Contract Low Date2018-08-17
Estimated Volume5Expiration2019-01-10
Open Time18:00Close Time17:00
Want to analyze US MIDWEST #1 BUSHELING FERROUS SCRAP Jan 2019 (E) BUS.F19.E or another symbol? Try our Free Future Trend Analysis Report.