Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
US MIDWEST #1 BUSHELING FERROUS SCRAP Jan 2024 (NYMEX:BUS.F24)
Bull Market Weakness (+75) - BUS.F24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BUS.F24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BUS.F24?
MarketClub looks at technical strength and momentum to determine if the timing is right for BUS.F24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BUS.F24
The long-term trend has been UP since Sep 22nd, 2023 at 480
The intermediate-term trend has been UP since Sep 19th, 2023 at 458
The short-term trend has been DOWN since Nov 28th, 2023 at 530
Smart Scan Analysis for BUS.F24
Based on our trend formula, BUS.F24 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 525 | 525 | 525 | 525 | -5 |
| Prev. Close | Volume | Bid | Ask | Time |
| 520 | 3 | 2023-11-30 17:28:45 |
| Expiration | 2024-01-10 | Open Time | 18:00 |
| Close Time | 17:00 |