Analyze Symbol

Future Trend Analysis Report

Prepared for you on Saturday, October 21, 2017.

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

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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
33.93 34.62 33.89 34.31 +0.32
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 up The intermediate term trend has been UP since Oct 20th, 2017 at 34.45

short term up The short term trend has been UP since Oct 20th, 2017 at 34.02

Smart Scan Analysis for ZL.F18.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.F18.E scored +70 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
33.93 34.62 33.89 34.31 +0.32
Prev. Close Volume Bid Ask Time
33.96 25642 2017-10-20 14:19:39
Contract High37.78Contract High Date2016-12-06
Contract Low31Contract Low Date2016-07-28
Estimated Volume7364First Delivery2018-01-31
Expiration2018-01-12Open Time20:00
Close Time14:20
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