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Future Trend Analysis Report

Prepared for you on Monday, June 5, 2023.

SOYBEAN (MINI) Jul 2023 (CBOT:XK.N23)

Sidelines Mode (-55) - XK.N23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid XK.N23?

MarketClub looks at technical strength and momentum to determine if the timing is right for XK.N23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CBOT_XK.N23
Open High Low XK.N23 Price Change
1352.750 1361.625 1351.750 1359.500 +7.000
Entry Signal

MarketClub’s Trade Triangles for XK.N23

long term down The long-term trend has been DOWN since Mar 21st, 2023 at 1444.875

intermediate term down The intermediate-term trend has been DOWN since Feb 27th, 2023 at 1497.000

short term up The short-term trend has been UP since Jun 2nd, 2023 at 1328.250

Smart Scan Analysis for XK.N23

Based on our trend formula, XK.N23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for XK.N23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1352.750 1361.625 1351.750 1359.500 +7.000
Prev. Close Volume Bid Ask Time
1352.000 233 2023-06-05 02:15:04
Expiration2023-07-14Open Time20:00
Close Time14:45
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