Future Trend Analysis Report
Prepared for you on Saturday, September 18, 2021.
SOYBEAN CRUSH Sep 2022 (CBOT:BCX.U22)
Long-Term Downtrend (-90) - BCX.U22 is in a strong downtrend that is likely to continue. While BCX.U22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BCX.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for BCX.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BCX.U22
The long-term trend has been DOWN since Jul 6th, 2021 at 95.50
The intermediate-term trend has been DOWN since Jul 6th, 2021 at 95.50
The short-term trend has been DOWN since Sep 16th, 2021 at 112.75
Smart Scan Analysis for BCX.U22
Based on our trend formula, BCX.U22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).