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Future Trend Analysis Report

Prepared for you on Saturday, April 4, 2020.

US MIDWEST #1 BUSHELING FERROUS SCRAP APRIL 2020 (NYMEX:@BUS.J20)

Bear Market Rally (-75) - @BUS.J20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on @BUS.J20 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid @BUS.J20?

MarketClub looks at technical strength and momentum to determine if the timing is right for @BUS.J20.

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

NYMEX_@BUS.J20
Open High Low @BUS.J20 Price Change
256 256 256 256 +6
Entry Signal

MarketClub’s Trade Triangles for @BUS.J20

long term down The long-term trend has been DOWN since Feb 4th, 2020 at 270

intermediate term down The intermediate-term trend has been DOWN since Mar 9th, 2020 at 283

short term up The short-term trend has been UP since Mar 25th, 2020 at 250

Smart Scan Analysis for @BUS.J20

Based on our trend formula, @BUS.J20 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for @BUS.J20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
256 256 256 256 +6
Prev. Close Volume Bid Ask Time
250 4 240 265 2020-04-03 11:50:32
52wk High35052wk High Date2019-02-04
52wk Low23352wk Low Date2020-03-20
Volatility30.92Expiration2020-04-13
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