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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.

CBOT_XK.U22
Open High Low XK.U22 Price Change
1340.250 1350.000 1330.375 1345.250 +5.500
Entry Signal

MarketClub’s Trade Triangles for XK.U22

long term down The long-term trend has been DOWN since Jun 22nd, 2022 at 1464.00

intermediate term down The intermediate-term trend has been DOWN since Jun 20th, 2022 at 1541.75

short term down 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).

-90
Smart Scan Analysis for XK.U22
Strong Downtrend Sideways 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
Expiration2022-09-14Open Time20:00
Close Time14:45
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