Future Trend Analysis Report
Prepared for you on Sunday, January 19, 2020.
SOYBEAN CRUSH May 2020 (CBOT:BCX.K20)
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 BCX.K20
The long term trend has been UP since Dec 2nd, 2019 at 101.25
The intermediate term trend has been DOWN since Jan 15th, 2020 at 95.25
The short term trend has been UP since Jan 16th, 2020 at 101.25
Smart Scan Analysis for BCX.K20
Based on a pre-defined weighted trend formula for chart analysis, BCX.K20 scored -55 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|