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Future Trend Analysis Report

Prepared for you on Monday, June 26, 2017.

SOYBEAN OIL Jul 2017 (E) (CBOT:ZL.N17.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.

CBOT_ZL.N17.E
Open High Low ZL.N17.E Price Change
31.66 31.80 31.50 31.56 -0.05
Entry Signal

MarketClub’s Trade Triangles for ZL.N17.E

long term down The long term trend has been DOWN since Feb 17th, 2017 at 33.89

intermediate term up The intermediate term trend has been UP since Jun 18th, 2017 at 33.20

short term down The short term trend has been DOWN since Jun 20th, 2017 at 32.61

Smart Scan Analysis for ZL.N17.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.N17.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for ZL.N17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.66 31.80 31.50 31.56 -0.05
Prev. Close Volume Bid Ask Time
31.69 23591 2017-06-26 11:14:35
Contract High38.76Contract High Date2016-12-07
Contract Low28.43Contract Low Date2015-08-26
Estimated Volume7451First Delivery2017-07-31
Expiration2017-07-14Open Time20:00
Close Time14:20
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