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Future Trend Analysis Report

Prepared for you on Thursday, February 22, 2018.

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

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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
32.64 32.72 32.47 32.58 -0.06
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 Feb 9th, 2018 at 32.63

short term up The short term trend has been UP since Feb 21st, 2018 at 32.45

Smart Scan Analysis for ZL.U18.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.U18.E scored -85 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
32.64 32.72 32.47 32.58 -0.06
Prev. Close Volume Bid Ask Time
32.55 3 2018-02-22 13:27:07
Contract High36.43Contract High Date2017-09-07
Contract Low32.03Contract Low Date2018-02-20
Estimated Volume1605First Delivery2018-09-28
Expiration2018-09-14Open Time20:00
Close Time14:20
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