Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Monday, September 21, 2020.

US MIDWEST #1 BUSHELING FERROUS SCRAP Oct 2020 (NYMEX:BUS.V20)

Sidelines Mode (+55) - BUS.V20 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 BUS.V20?

MarketClub looks at technical strength and momentum to determine if the timing is right for BUS.V20.

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

NYMEX_BUS.V20
Open High Low BUS.V20 Price Change
311 311 311 311 -7
Entry Signal

MarketClub’s Trade Triangles for BUS.V20

long term up The long-term trend has been UP since Apr 15th, 2020 at 300

intermediate term up The intermediate-term trend has been UP since Aug 3rd, 2020 at 295

short term down The short-term trend has been DOWN since Sep 21st, 2020 at 317

Smart Scan Analysis for BUS.V20

Based on our trend formula, BUS.V20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for BUS.V20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
311 311 311 311 -7
Prev. Close Volume Bid Ask Time
311 100 2020-09-21 03:50:31
Expiration2020-10-12Open Time18:00
Close Time17:00
Get a free daily analysis and signals for US MIDWEST #1 BUSHELING FERROUS SCRAP Oct 2020 (BUS.V20) - Request Your Free Report.