Analyze Symbol

Future Trend Analysis Report

Prepared for you on Saturday, May 26, 2018.

SOYBEAN OIL May 2019 (E) (CBOT:ZL.K19.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.K19.E
Open High Low ZL.K19.E Price Change
33.28 33.28 32.94 33.00 -0.44
Entry Signal

MarketClub’s Trade Triangles for ZL.K19.E

long term down The long term trend has been DOWN since Dec 6th, 2017 at 33.46

intermediate term up The intermediate term trend has been UP since May 21st, 2018 at 32.99

short term down The short term trend has been DOWN since May 25th, 2018 at 33.08

Smart Scan Analysis for ZL.K19.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.K19.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for ZL.K19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.28 33.28 32.94 33.00 -0.44
Prev. Close Volume Bid Ask Time
32.92 616 2018-05-25 14:16:35
Contract High36.35Contract High Date2017-09-05
Contract Low31.91Contract Low Date2018-05-01
Estimated Volume1033First Delivery2019-05-31
Expiration2019-05-14Open Time20:00
Close Time14:20
Want to analyze SOYBEAN OIL May 2019 (E) ZL.K19.E or another symbol? Try our Free Future Trend Analysis Report.