Future Trend Analysis Report
Prepared for you on Thursday, December 2, 2021.
SOYBEAN (MINI) Mar 2022 (CBOT:XK.H22)
Sidelines Mode (+50) - XK.H22 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until XK.H22 can gain momentum.
Is it time to buy, sell, or avoid XK.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for XK.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XK.H22
The long-term trend has been DOWN since Oct 1st, 2021 at 1266.375
The intermediate-term trend has been UP since Nov 15th, 2021 at 1265.000
The short-term trend has been UP since Dec 2nd, 2021 at 1254.000
Smart Scan Analysis for XK.H22
Based on our trend formula, XK.H22 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).