Future Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
SOYBEAN CRUSH May 2020 (CBOT:BCX.K20)
Bull Market Weakness (+75) - BCX.K20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BCX.K20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BCX.K20?
MarketClub looks at technical strength and momentum to determine if the timing is right for BCX.K20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BCX.K20
The long-term trend has been UP since Dec 2nd, 2019 at 101.25
The intermediate-term trend has been UP since Mar 4th, 2020 at 100.50
The short-term trend has been DOWN since Mar 25th, 2020 at 120.50
Smart Scan Analysis for BCX.K20
Based on our trend formula, BCX.K20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||99.75||Contract High Date||2018-11-19|
|Contract Low||76.75||Contract Low Date||2018-11-27|