Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, March 21, 2018.

SOYBEAN OIL May 2018 (E) (CBOT:ZL.K18.E)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.

Open High Low ZL.K18.E Price Change
31.71 32.50 31.62 32.36 +0.62
Entry Signal

MarketClub’s Trade Triangles for ZL.K18.E

long term down The long term trend has been DOWN since Dec 21st, 2017 at 32.95

intermediate term down The intermediate term trend has been DOWN since Feb 9th, 2018 at 32.30

short term up The short term trend has been UP since Mar 21st, 2018 at 32.15

Smart Scan Analysis for ZL.K18.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.K18.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ZL.K18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.71 32.50 31.62 32.36 +0.62
Prev. Close Volume Bid Ask Time
31.74 78700 2018-03-21 14:20:00
Contract High37.2Contract High Date2016-12-06
Contract Low31.43Contract Low Date2018-03-09
Estimated Volume55559First Delivery2018-05-31
Expiration2018-05-14Open Time20:00
Close Time14:20
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