Analyze Symbol

Future Trend Analysis Report

Prepared for you on Friday, November 17, 2017.

SOYBEAN OIL Aug 2018 (E) (CBOT:ZL.Q18.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.Q18.E
Open High Low ZL.Q18.E Price Change
35.25 35.25 34.93 35.14 -0.06
Entry Signal

MarketClub’s Trade Triangles for ZL.Q18.E

long term down The long term trend has been DOWN since Oct 2nd, 2017 at 33.42

intermediate term down The intermediate term trend has been DOWN since Nov 15th, 2017 at 34.82

short term down The short term trend has been DOWN since Nov 13th, 2017 at 35.62

Smart Scan Analysis for ZL.Q18.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.Q18.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for ZL.Q18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.25 35.25 34.93 35.14 -0.06
Prev. Close Volume Bid Ask Time
35.2 320 2017-11-17 14:14:19
Contract High36.59Contract High Date2017-09-07
Contract Low32.25Contract Low Date2017-06-05
Estimated Volume466First Delivery2018-08-31
Expiration2018-08-14Open Time20:00
Close Time14:20
Want to analyze SOYBEAN OIL Aug 2018 (E) ZL.Q18.E or another symbol? Try our Free Future Trend Analysis Report.