Future Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
SOYBEANS Jul 2018 (E) (CBOT:ZS.N18.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.
MarketClub’s Trade Triangles for ZS.N18.E
The long term trend has been UP since Feb 16th, 2018 at 1045.00
The intermediate term trend has been DOWN since May 7th, 2018 at 1027.75
The short term trend has been UP since May 20th, 2018 at 1018.50
Smart Scan Analysis for ZS.N18.E
Based on a pre-defined weighted trend formula for chart analysis, ZS.N18.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1090.25||Contract High Date||2018-03-02|
|Contract Low||926||Contract Low Date||2016-03-21|
|Estimated Volume||106181||First Delivery||2018-07-17|