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Future Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

SOYBEAN OIL Jan 2018 (E) (CBOT:ZL.F18.E)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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.F18.E
Open High Low ZL.F18.E Price Change
33.16 33.66 32.97 33.19 +0.01
Entry Signal

MarketClub’s Trade Triangles for ZL.F18.E

long term down The long term trend has been DOWN since Oct 2nd, 2017 at 32.65

intermediate term down The intermediate term trend has been DOWN since Nov 14th, 2017 at 34.21

short term down The short term trend has been DOWN since Dec 13th, 2017 at 33.20

Smart Scan Analysis for ZL.F18.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.F18.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for ZL.F18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.16 33.66 32.97 33.19 +0.01
Prev. Close Volume Bid Ask Time
33.19 64935 2017-12-15 14:19:10
Contract High37.78Contract High Date2016-12-06
Contract Low31Contract Low Date2016-07-28
Estimated Volume39935First Delivery2018-01-31
Expiration2018-01-12Open Time20:00
Close Time14:20
Want to analyze SOYBEAN OIL Jan 2018 (E) ZL.F18.E or another symbol? Try our Free Future Trend Analysis Report.