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Future Trend Analysis Report

Prepared for you on Tuesday, January 16, 2018.

SOYBEAN OIL May 2018 (E) (CBOT:ZL.K18.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.K18.E Price Change
33.38 33.48 32.90 32.93 -0.37
Entry Signal

MarketClub’s Trade Triangles for ZL.K18.E

long term down The long term trend has been DOWN since Dec 21st, 2017 at 32.95

intermediate term up The intermediate term trend has been UP since Jan 3rd, 2018 at 34.02

short term down The short term trend has been DOWN since Jan 8th, 2018 at 33.85

Smart Scan Analysis for ZL.K18.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.K18.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ZL.K18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.38 33.48 32.90 32.93 -0.37
Prev. Close Volume Bid Ask Time
33.31 8964 2018-01-16 12:15:53
Contract High37.2Contract High Date2016-12-06
Contract Low31.75Contract Low Date2016-07-25
Estimated Volume2520First Delivery2018-05-31
Expiration2018-05-14Open Time20:00
Close Time14:20
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