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Future Trend Analysis Report

Prepared for you on Friday, November 17, 2017.

SOYBEAN OIL Mar 2018 (E) (CBOT:ZL.H18.E)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.H18.E
Open High Low ZL.H18.E Price Change
34.87 35.00 34.51 34.80 -0.01
Entry Signal

MarketClub’s Trade Triangles for ZL.H18.E

long term down The long term trend has been DOWN since Oct 2nd, 2017 at 32.77

intermediate term down The intermediate term trend has been DOWN since Nov 14th, 2017 at 34.43

short term down The short term trend has been DOWN since Nov 12th, 2017 at 35.15

Smart Scan Analysis for ZL.H18.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.H18.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for ZL.H18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.87 35.00 34.51 34.80 -0.01
Prev. Close Volume Bid Ask Time
34.83 19569 2017-11-17 14:15:29
Contract High37.64Contract High Date2016-12-07
Contract Low31.5Contract Low Date2016-07-25
Estimated Volume22110First Delivery2018-03-29
Expiration2018-03-14Open Time20:00
Close Time14:20
Want to analyze SOYBEAN OIL Mar 2018 (E) ZL.H18.E or another symbol? Try our Free Future Trend Analysis Report.