Future Trend Analysis Report
Prepared for you on Friday, October 18, 2019.
SOYBEAN (MINI) Nov 2019 (CBOT:XK.X19)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.X19
The long term trend has been UP since Oct 11th, 2019 at 936.125
The intermediate term trend has been UP since Sep 12th, 2019 at 877.875
The short term trend has been UP since Oct 18th, 2019 at 937.000
Smart Scan Analysis for XK.X19
Based on a pre-defined weighted trend formula for chart analysis, XK.X19 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||20:00||Close Time||14:45|