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Future Trend Analysis Report

Prepared for you on Monday, March 18, 2019.

US MIDWEST #1 BUSHELING FERROUS SCRAP APRIL 2019 (NYMEX:@BUS.J19)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

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.

NYMEX_@BUS.J19
Open High Low @BUS.J19 Price Change
383 383 383 383 0
Entry Signal

MarketClub’s Trade Triangles for @BUS.J19

long term down The long term trend has been DOWN since Dec 20th, 2018 at 372

intermediate term up The intermediate term trend has been UP since Jan 25th, 2019 at 365

short term down The short term trend has been DOWN since Mar 7th, 2019 at 388

Smart Scan Analysis for @BUS.J19

Based on a pre-defined weighted trend formula for chart analysis, @BUS.J19 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for @BUS.J19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
383 383 383 383 0
Prev. Close Volume Bid Ask Time
383 0 378 384 2019-03-15 14:10:01
52wk High201852wk Low346
52wk Low Date2019-01-08Volatility13.56
Expiration2019-04-10
Want to analyze US MIDWEST #1 BUSHELING FERROUS SCRAP APRIL 2019 @BUS.J19 or another symbol? Try our Free Future Trend Analysis Report.