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Future Trend Analysis Report

Prepared for you on Friday, February 15, 2019.

US MIDWEST #1 BUSHELING FERROUS SCRAP Mar 2019 (NYMEX:BUS.H19)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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.

NYMEX_BUS.H19
Open High Low BUS.H19 Price Change
364 366 364 366 +6
Entry Signal

MarketClub’s Trade Triangles for BUS.H19

long term down The long term trend has been DOWN since Dec 20th, 2018 at 375

intermediate term down The intermediate term trend has been DOWN since Feb 13th, 2019 at 361

short term down The short term trend has been DOWN since Feb 12th, 2019 at 374

Smart Scan Analysis for BUS.H19

Based on a pre-defined weighted trend formula for chart analysis, BUS.H19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for BUS.H19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
364 366 364 366 +6
Prev. Close Volume Bid Ask Time
364 7 2019-02-15 10:47:53
Expiration2019-03-11Open Time18:00
Close Time17:00
Want to analyze US MIDWEST #1 BUSHELING FERROUS SCRAP Mar 2019 BUS.H19 or another symbol? Try our Free Future Trend Analysis Report.