Future Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
SOYBEAN CRUSH Jan 2020 (CBOT:BCX.F20)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 Jun 14th, 2019 at 113.00
The short term trend has been DOWN since Jul 10th, 2019 at 93.50
Smart Scan Analysis for BCX.F20
Based on a pre-defined weighted trend formula for chart analysis, BCX.F20 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||119||Contract High Date||2018-09-20|
|Contract Low||76||Contract Low Date||2018-11-28|