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Future Trend Analysis Report

Prepared for you on Friday, June 23, 2017.

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

Open High Low ZL.F18.E Price Change
32.19 32.37 32.05 32.23 +0.02
Entry Signal

MarketClub’s Trade Triangles for ZL.F18.E

long term down The long term trend has been DOWN since Feb 17th, 2017 at 33.95

intermediate term up The intermediate term trend has been UP since Jun 19th, 2017 at 33.81

short term down The short term trend has been DOWN since Jun 21st, 2017 at 32.69

Smart Scan Analysis for ZL.F18.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.F18.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ZL.F18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.19 32.37 32.05 32.23 +0.02
Prev. Close Volume Bid Ask Time
32.26 1228 2017-06-23 11:20:30
Contract High37.78Contract High Date2016-12-06
Contract Low31Contract Low Date2016-07-28
Estimated Volume560First Delivery2018-01-31
Expiration2018-01-12Open Time20:00
Close Time14:20
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