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Future Trend Analysis Report

Prepared for you on Friday, August 7, 2020.

SOYBEAN (MINI) Nov 2020 (CBOT:XK.X20)

Crossroads (-60) - XK.X20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid XK.X20?

MarketClub looks at technical strength and momentum to determine if the timing is right for XK.X20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CBOT_XK.X20
Open High Low XK.X20 Price Change
878.250 879.250 866.625 868.500 -9.500
Entry Signal

MarketClub’s Trade Triangles for XK.X20

long term up The long-term trend has been UP since Jul 1st, 2020 at 884.875

intermediate term down The intermediate-term trend has been DOWN since Aug 7th, 2020 at 874.125

short term down The short-term trend has been DOWN since Aug 4th, 2020 at 888.375

Smart Scan Analysis for XK.X20

Based on our trend formula, XK.X20 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for XK.X20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
878.250 879.250 866.625 868.500 -9.500
Prev. Close Volume Bid Ask Time
880.500 1182 2020-08-07 14:18:03
First Delivery2020-12-02Expiration2020-11-13
Open Time20:00Close Time14:45
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