Future Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
SOYBEAN CRUSH Jan 2022 (CBOT:BCX.F22)
Long-Term Uptrend (+90) - BCX.F22 is in a strong uptrend that is likely to continue. While BCX.F22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid BCX.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for BCX.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BCX.F22
The long-term trend has been UP since Oct 13th, 2021 at 135.25
The intermediate-term trend has been UP since Dec 23rd, 2021 at 170.25
The short-term trend has been UP since Jan 13th, 2022 at 219.50
Smart Scan Analysis for BCX.F22
Based on our trend formula, BCX.F22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).