Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, May 21, 2018.

SOYBEAN OIL Jan 2019 (E) (CBOT:ZL.F19.E)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.F19.E
Open High Low ZL.F19.E Price Change
32.19 32.35 32.19 32.25 +0.26
Entry Signal

MarketClub’s Trade Triangles for ZL.F19.E

long term down The long term trend has been DOWN since Oct 2nd, 2017 at 33.28

intermediate term down The intermediate term trend has been DOWN since Apr 23rd, 2018 at 32.48

short term up The short term trend has been UP since May 18th, 2018 at 32.31

Smart Scan Analysis for ZL.F19.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.F19.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for ZL.F19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.19 32.35 32.19 32.25 +0.26
Prev. Close Volume Bid Ask Time
32.05 144 2018-05-20 21:31:31
Contract High35.93Contract High Date2017-09-07
Contract Low31.26Contract Low Date2018-05-01
Estimated Volume1356First Delivery2019-01-31
Expiration2019-01-14Open Time20:00
Close Time14:20
Want to analyze SOYBEAN OIL Jan 2019 (E) ZL.F19.E or another symbol? Try our Free Future Trend Analysis Report.