Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

SOYBEAN OIL May 2019 (E) (CBOT:ZL.K19.E)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.

Open High Low ZL.K19.E Price Change
29.91 29.91 29.85 29.86 -0.05
Entry Signal

MarketClub’s Trade Triangles for ZL.K19.E

long term up The long term trend has been UP since Oct 4th, 2018 at 30.67

intermediate term up The intermediate term trend has been UP since Sep 27th, 2018 at 29.75

short term down The short term trend has been DOWN since Oct 18th, 2018 at 30.08

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).

Smart Scan Analysis for ZL.K19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.91 29.91 29.85 29.86 -0.05
Prev. Close Volume Bid Ask Time
29.87 80 2018-10-22 20:26:12
Contract High36.35Contract High Date2017-09-05
Contract Low28.01Contract Low Date2018-09-19
Estimated Volume6538First Delivery2019-05-31
Expiration2019-05-14Open Time20:00
Close Time14:20
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