Future Trend Analysis Report
Prepared for you on Thursday, October 17, 2019.
SOYBEAN CRUSH Jan 2020 (CBOT:BCX.F20)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for BCX.F20
The long term trend has been DOWN since Jul 12th, 2019 at 89.25
The intermediate term trend has been DOWN since Aug 29th, 2019 at 93.75
The short term trend has been UP since Oct 17th, 2019 at 72.75
Smart Scan Analysis for BCX.F20
Based on a pre-defined weighted trend formula for chart analysis, BCX.F20 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||119.00000000||Contract High Date||2018-09-20|
|Contract Low||76.00000000||Contract Low Date||2018-11-28|