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Future Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
SOYBEAN (MINI) Sep 2022 (CBOT:XK.U22)
Long-Term Downtrend (-90) - XK.U22 is in a strong downtrend that is likely to continue. While XK.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 XK.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for XK.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for XK.U22
The long-term trend has been DOWN since Jun 22nd, 2022 at 1464.00
The intermediate-term trend has been DOWN since Jun 20th, 2022 at 1541.75
The short-term trend has been DOWN since Jul 1st, 2022 at 1462.50
Smart Scan Analysis for XK.U22
Based on our trend formula, XK.U22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1340.250 | 1350.000 | 1330.375 | 1345.250 | +5.500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1339.750 | 42 | 2022-07-06 05:37:35 |
| Expiration | 2022-09-14 | Open Time | 20:00 |
| Close Time | 14:45 |