Future Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
SOYBEAN CRUSH May 2022 (CBOT:BCX.K22)
Bull Market Weakness (+75) - BCX.K22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BCX.K22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BCX.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for BCX.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BCX.K22
The long-term trend has been DOWN since Sep 8th, 2021 at 93.00
The intermediate-term trend has been UP since Sep 30th, 2021 at 103.00
The short-term trend has been UP since Oct 13th, 2021 at 123.75
Smart Scan Analysis for BCX.K22
Based on our trend formula, BCX.K22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).