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Future Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

SOYBEAN OIL Aug 2019 (E) (CBOT:ZL.Q19.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.Q19.E
Open High Low ZL.Q19.E Price Change
28.93 29.08 28.81 28.94 +0.07
Entry Signal

MarketClub’s Trade Triangles for ZL.Q19.E

long term down The long term trend has been DOWN since Nov 20th, 2018 at 28.43

intermediate term down The intermediate term trend has been DOWN since Oct 24th, 2018 at 29.85

short term up The short term trend has been UP since Nov 28th, 2018 at 28.89

Smart Scan Analysis for ZL.Q19.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.Q19.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for ZL.Q19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.93 29.08 28.81 28.94 +0.07
Prev. Close Volume Bid Ask Time
28.84 1569 2018-11-30 14:18:04
Contract High35.15Contract High Date2017-08-25
Contract Low28.14Contract Low Date2018-11-26
Estimated Volume226First Delivery2019-08-30
Expiration2019-08-14Open Time20:00
Close Time14:20
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