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Future Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

US MIDWEST #1 BUSHELING FERROUS SCRAP Aug 2019 (NYMEX:@BUS.Q19)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.Q19
Open High Low @BUS.Q19 Price Change
292 292 292 292 0
Entry Signal

MarketClub’s Trade Triangles for @BUS.Q19

long term down The long term trend has been DOWN since Apr 11th, 2019 at 342

intermediate term up The intermediate term trend has been UP since Jul 1st, 2019 at 283

short term up The short term trend has been UP since Jul 1st, 2019 at 277

Smart Scan Analysis for @BUS.Q19

Based on a pre-defined weighted trend formula for chart analysis, @BUS.Q19 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for @BUS.Q19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
292 292 292 292 0
Prev. Close Volume Bid Ask Time
292 0 287 297 2019-07-22 05:35:08
52wk High201952wk Low265
52wk Low Date2019-06-21Volatility22.38
Expiration2019-08-12
Want to analyze US MIDWEST #1 BUSHELING FERROUS SCRAP Aug 2019 @BUS.Q19 or another symbol? Try our Free Future Trend Analysis Report.