Future Trend Analysis Report
Prepared for you on Tuesday, September 17, 2019.
SOYBEAN (MINI) Jan 2020 (CBOT:XK.F20)
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 XK.F20
The long term trend has been DOWN since Mar 11th, 2019 at 940.000
The intermediate term trend has been UP since Sep 12th, 2019 at 892.375
The short term trend has been UP since Sep 10th, 2019 at 878.125
Smart Scan Analysis for XK.F20
Based on a pre-defined weighted trend formula for chart analysis, XK.F20 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||20:00||Close Time||14:45|