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Future Trend Analysis Report

Prepared for you on Wednesday, October 24, 2018.

SOYBEAN OIL Dec 2018 (E) (CBOT:ZL.Z18.E)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.

CBOT_ZL.Z18.E
Open High Low ZL.Z18.E Price Change
28.72 28.78 28.69 28.78 +0.02
Entry Signal

MarketClub’s Trade Triangles for ZL.Z18.E

long term up The long term trend has been UP since Oct 3rd, 2018 at 29.79

intermediate term up The intermediate term trend has been UP since Sep 27th, 2018 at 29.00

short term down The short term trend has been DOWN since Oct 18th, 2018 at 29.31

Smart Scan Analysis for ZL.Z18.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.Z18.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for ZL.Z18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.72 28.78 28.69 28.78 +0.02
Prev. Close Volume Bid Ask Time
29.17 2039 2018-10-24 01:06:56
Contract High36.07Contract High Date2017-09-05
Contract Low27.13Contract Low Date2018-09-19
Estimated Volume42517First Delivery2018-12-31
Expiration2018-12-14Open Time20:00
Close Time14:20
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