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Spread Trend Analysis Report

Prepared for you on Monday, January 24, 2022.

SOYBEAN (MINI) Nov 2022/Jan 2023 Spread (CBOT:XK.X22_F23)

Long-Term Downtrend (-90) - XK.X22_F23 is in a strong downtrend that is likely to continue. While XK.X22_F23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid XK.X22_F23?

MarketClub looks at technical strength and momentum to determine if the timing is right for XK.X22_F23.

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CBOT_XK.X22_F23
Open High Low XK.X22_F23 Price Change
0.75 1.25 -0.25 -0.50 +0.50
Entry Signal

MarketClub’s Trade Triangles for XK.X22_F23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for XK.X22_F23

Based on our trend formula, XK.X22_F23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for XK.X22_F23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.75 1.25 -0.25 -0.50 +0.50
Prev. Close Volume Bid Ask Time
-1.00 11 2022-01-20 14:04:04
Open Time20:00Close Time14:45
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