Future Trend Analysis Report
Prepared for you on Wednesday, June 19, 2019.
SOYBEAN CRUSH May 2020 (CBOT:BCX.K20)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.K20
The long term trend has been UP since Mar 19th, 2019 at 98.00
The intermediate term trend has been DOWN since Jun 17th, 2019 at 105.25
The short term trend has been DOWN since Jun 4th, 2019 at 113.50
Smart Scan Analysis for BCX.K20
Based on a pre-defined weighted trend formula for chart analysis, BCX.K20 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||99.75||Contract High Date||2018-11-19|
|Contract Low||76.75||Contract Low Date||2018-11-27|