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Future Trend Analysis Report

Prepared for you on Saturday, July 21, 2018.

SOYBEAN OIL Jan 2019 (E) (CBOT:ZL.F19.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.F19.E Price Change
28.49 28.83 28.36 28.80 +0.35
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 Jun 7th, 2018 at 31.60

short term up The short term trend has been UP since Jul 18th, 2018 at 28.64

Smart Scan Analysis for ZL.F19.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.F19.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ZL.F19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.49 28.83 28.36 28.80 +0.35
Prev. Close Volume Bid Ask Time
28.83 8447 2018-07-20 14:15:19
Contract High35.93Contract High Date2017-09-07
Contract Low28.21Contract Low Date2018-07-13
Estimated Volume3746First Delivery2019-01-31
Expiration2019-01-14Open Time20:00
Close Time14:20
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