Future Trend Analysis Report
Prepared for you on Tuesday, May 21, 2019.
SOYBEAN CRUSH May 2019 (CBOT:BCX.K19)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.K19
The long term trend has been UP since Mar 5th, 2019 at 98.50
The intermediate term trend has been DOWN since May 14th, 2019 at 102.75
The short term trend has been DOWN since May 14th, 2019 at 114.25
Smart Scan Analysis for BCX.K19
Based on a pre-defined weighted trend formula for chart analysis, BCX.K19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||151.5||Contract High Date||2018-07-06|
|Contract Low||82||Contract Low Date||2017-12-04|