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Future Trend Analysis Report

Prepared for you on Wednesday, August 15, 2018.

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

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.

CBOT_ZL.Z18.E
Open High Low ZL.Z18.E Price Change
28.61 28.64 28.05 28.19 -0.42
Entry Signal

MarketClub’s Trade Triangles for ZL.Z18.E

long term down The long term trend has been DOWN since Dec 21st, 2017 at 33.01

intermediate term down The intermediate term trend has been DOWN since Jun 7th, 2018 at 31.34

short term down The short term trend has been DOWN since Aug 10th, 2018 at 28.78

Smart Scan Analysis for ZL.Z18.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.Z18.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for ZL.Z18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.61 28.64 28.05 28.19 -0.42
Prev. Close Volume Bid Ask Time
28.57 44957 2018-08-15 14:09:23
Contract High36.07Contract High Date2017-09-05
Contract Low27.95Contract Low Date2018-07-13
Estimated Volume45602First Delivery2018-12-31
Expiration2018-12-14Open Time20:00
Close Time14:20
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