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Future Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

SOYBEAN MEAL Dec 2018 (E) (CBOT:ZM.Z18.E)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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_ZM.Z18.E
Open High Low ZM.Z18.E Price Change
316.6 317.7 313.0 313.1 -3.0
Entry Signal

MarketClub’s Trade Triangles for ZM.Z18.E

long term down The long term trend has been DOWN since Jun 13th, 2018 at 354.2

intermediate term up The intermediate term trend has been UP since Oct 7th, 2018 at 319.9

short term down The short term trend has been DOWN since Oct 19th, 2018 at 316.0

Smart Scan Analysis for ZM.Z18.E

Based on a pre-defined weighted trend formula for chart analysis, ZM.Z18.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for ZM.Z18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
316.6 317.7 313.0 313.1 -3.0
Prev. Close Volume Bid Ask Time
313.1 51418 2018-10-19 14:15:39
Contract High392.5Contract High Date2018-05-01
Contract Low298.8Contract Low Date2016-04-12
Estimated Volume47707First Delivery2019-01-03
Expiration2018-12-14Open Time20:00
Close Time14:20
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