Future Trend Analysis Report
Prepared for you on Friday, August 23, 2019.
SOYBEAN CRUSH Oct 2019 (CBOT:BCX.V19)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.V19
The long term trend has been DOWN since Jul 1st, 2019 at 86.0
The intermediate term trend has been UP since Aug 2nd, 2019 at 96.5
The short term trend has been UP since Aug 20th, 2019 at 97.5
Smart Scan Analysis for BCX.V19
Based on a pre-defined weighted trend formula for chart analysis, BCX.V19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||151.75||Contract High Date||2018-07-16|
|Contract Low||79.25||Contract Low Date||2018-11-13|