Future Trend Analysis Report
Prepared for you on Tuesday, September 17, 2019.
SOYBEAN CRUSH Mar 2020 (CBOT:BCX.H20)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 BCX.H20
The long term trend has been DOWN since Jul 12th, 2019 at 90.50
The intermediate term trend has been DOWN since Aug 26th, 2019 at 91.75
The short term trend has been DOWN since Sep 10th, 2019 at 87.75
Smart Scan Analysis for BCX.H20
Based on a pre-defined weighted trend formula for chart analysis, BCX.H20 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||109.5||Contract High Date||2018-10-16|
|Contract Low||75.5||Contract Low Date||2018-11-15|