Analyze Symbol

Future Trend Analysis Report

Prepared for you on Sunday, November 18, 2018.

SOYBEAN OIL Sep 2019 (E) (CBOT:ZL.U19.E)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.U19.E Price Change
29.04 29.05 28.71 28.76 -0.33
Entry Signal

MarketClub’s Trade Triangles for ZL.U19.E

long term up The long term trend has been UP since Oct 2nd, 2018 at 30.96

intermediate term down The intermediate term trend has been DOWN since Oct 24th, 2018 at 30.00

short term down The short term trend has been DOWN since Nov 16th, 2018 at 28.79

Smart Scan Analysis for ZL.U19.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.U19.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ZL.U19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.04 29.05 28.71 28.76 -0.33
Prev. Close Volume Bid Ask Time
28.75 974 2018-11-16 14:15:32
Contract High35.15Contract High Date2017-08-25
Contract Low28.63Contract Low Date2018-09-18
Estimated Volume702First Delivery2019-09-30
Expiration2019-09-13Open Time20:00
Close Time14:20
Want to analyze SOYBEAN OIL Sep 2019 (E) ZL.U19.E or another symbol? Try our Free Future Trend Analysis Report.