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Future Trend Analysis Report

Prepared for you on Monday, December 11, 2017.

SOYBEAN OIL Sep 2018 (E) (CBOT:ZL.U18.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.

Open High Low ZL.U18.E Price Change
33.69 34.00 33.48 33.98 +0.18
Entry Signal

MarketClub’s Trade Triangles for ZL.U18.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 34.74

short term up The short term trend has been UP since Dec 8th, 2017 at 33.97

Smart Scan Analysis for ZL.U18.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.U18.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ZL.U18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.69 34.00 33.48 33.98 +0.18
Prev. Close Volume Bid Ask Time
33.95 965 2017-12-08 14:16:10
Contract High36.43Contract High Date2017-09-07
Contract Low32.25Contract Low Date2017-06-05
Estimated Volume1044First Delivery2018-09-28
Expiration2018-09-14Open Time20:00
Close Time14:20
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