Future Trend Analysis Report
Prepared for you on Thursday, June 20, 2019.
SOYBEAN CRUSH Sep 2019 (CBOT:BCX.U19)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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.U19
The long term trend has been UP since Mar 22nd, 2019 at 101.5
The intermediate term trend has been DOWN since Jun 14th, 2019 at 116.0
The short term trend has been DOWN since Jun 11th, 2019 at 123.0
Smart Scan Analysis for BCX.U19
Based on a pre-defined weighted trend formula for chart analysis, BCX.U19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||166.25||Contract High Date||2018-06-19|
|Contract Low||83||Contract Low Date||2018-11-15|