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Future Trend Analysis Report

Prepared for you on Thursday, September 23, 2021.

US MIDWEST #1 BUSHELING FERROUS SCRAP Oct 2021 (NYMEX:BUS.V21)

Strong Downtrend (-100) - BUS.V21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid BUS.V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for BUS.V21.

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

NYMEX_BUS.V21
Open High Low BUS.V21 Price Change
588 588 585 585 -9
Entry Signal

MarketClub’s Trade Triangles for BUS.V21

long term down The long-term trend has been DOWN since Aug 4th, 2021 at 660

intermediate term down The intermediate-term trend has been DOWN since Jul 13th, 2021 at 700

short term down The short-term trend has been DOWN since Aug 2nd, 2021 at 685

Smart Scan Analysis for BUS.V21

Based on our trend formula, BUS.V21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for BUS.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
588 588 585 585 -9
Prev. Close Volume Bid Ask Time
585 3 2021-09-17 14:43:21
Expiration2021-10-11Open Time18:00
Close Time17:00
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