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Future Trend Analysis Report

Prepared for you on Saturday, January 18, 2020.

SOYBEAN (MINI) May 2020 (CBOT:XK.K20)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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.

CBOT_XK.K20
Open High Low XK.K20 Price Change
935.625 944.875 934.000 944.875 +7.625
Entry Signal

MarketClub’s Trade Triangles for XK.K20

long term up The long term trend has been UP since Oct 1st, 2019 at 937.875

intermediate term down The intermediate term trend has been DOWN since Jan 15th, 2020 at 951.750

short term down The short term trend has been DOWN since Jan 9th, 2020 at 953.500

Smart Scan Analysis for XK.K20

Based on a pre-defined weighted trend formula for chart analysis, XK.K20 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for XK.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
935.625 944.875 934.000 944.875 +7.625
Prev. Close Volume Bid Ask Time
954.375 32 2020-01-17 14:10:45
First Delivery2020-06-02Expiration2020-05-14
Open Time20:00Close Time14:45
Get a free daily report for SOYBEAN (MINI) May 2020 (XK.K20) - Free Trend Analysis Report.