Future Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
US MIDWEST #1 BUSHELING FERROUS SCRAP Apr 2021 (NYMEX:BUS.J21)
Strong Uptrend (+100) - BUS.J21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BUS.J21 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.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BUS.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BUS.J21
The long-term trend has been UP since Nov 11th, 2020 at 336
The intermediate-term trend has been UP since Oct 28th, 2020 at 323
The short-term trend has been UP since Dec 4th, 2020 at 385
Smart Scan Analysis for BUS.J21
Based on our trend formula, BUS.J21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).