Future Trend Analysis Report
Prepared for you on Tuesday, August 3, 2021.
SOYBEAN CRUSH Aug 2022 (CBOT:BCX.Q22)
Countertrend Down (-85) - BCX.Q22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid BCX.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for BCX.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BCX.Q22
The long-term trend has been DOWN since Jul 6th, 2021 at 74.50
The intermediate-term trend has been DOWN since Jul 6th, 2021 at 80.00
The short-term trend has been UP since Aug 2nd, 2021 at 115.75
Smart Scan Analysis for BCX.Q22
Based on our trend formula, BCX.Q22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).