Future Trend Analysis Report
Prepared for you on Wednesday, January 23, 2019.
SOYBEAN (MINI) Jan 2019 (CBOT:XK.F19)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 XK.F19
The long term trend has been UP since Dec 2nd, 2018 at 906.00
The intermediate term trend has been UP since Jan 8th, 2019 at 914.50
The short term trend has been UP since Dec 31st, 2018 at 885.25
Smart Scan Analysis for XK.F19
Based on a pre-defined weighted trend formula for chart analysis, XK.F19 scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||20:00||Close Time||14:45|