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Future Trend Analysis Report

Prepared for you on Friday, September 22, 2023.

SOYBEAN (MINI) Sep 2023 (CBOT:XK.U23)

Countertrend Up (+85) - XK.U23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid XK.U23?

MarketClub looks at technical strength and momentum to determine if the timing is right for XK.U23.

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

CBOT_XK.U23
Open High Low XK.U23 Price Change
1398.00 1398.00 1398.00 1343.75 +18.00
Entry Signal

MarketClub’s Trade Triangles for XK.U23

long term up The long-term trend has been UP since Jul 3rd, 2023 at 1388.00

intermediate term up The intermediate-term trend has been UP since Aug 28th, 2023 at 1383.25

short term up The short-term trend has been UP since Sep 13th, 2023 at 1391.50

Smart Scan Analysis for XK.U23

Based on our trend formula, XK.U23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for XK.U23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1398.00 1398.00 1398.00 1343.75 +18.00
Prev. Close Volume Bid Ask Time
1398.00 1 2023-09-13 13:09:57
Expiration2023-09-14Open Time20:00
Close Time14:45
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