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Future Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

US MIDWEST #1 BUSHELING FERROUS SCRAP Jan 2021 (NYMEX:BUS.F21)

Strong Uptrend (+100) - BUS.F21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BUS.F21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid BUS.F21?

MarketClub looks at technical strength and momentum to determine if the timing is right for BUS.F21.

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

NYMEX_BUS.F21
Open High Low BUS.F21 Price Change
410 423 410 423 +22
Entry Signal

MarketClub’s Trade Triangles for BUS.F21

long term up The long-term trend has been UP since Nov 5th, 2020 at 340

intermediate term up The intermediate-term trend has been UP since Oct 27th, 2020 at 316

short term up The short-term trend has been UP since Oct 27th, 2020 at 314

Smart Scan Analysis for BUS.F21

Based on our trend formula, BUS.F21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for BUS.F21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
410 423 410 423 +22
Prev. Close Volume Bid Ask Time
339 42 2020-12-02 15:32:52
Expiration2021-01-11Open Time18:00
Close Time17:00
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