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Future Trend Analysis Report

Prepared for you on Thursday, September 20, 2018.

SOYBEAN OIL Sep 2019 (E) (CBOT:ZL.U19.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.U19.E Price Change
28.92 29.50 28.78 29.26 +0.35
Entry Signal

MarketClub’s Trade Triangles for ZL.U19.E

long term down The long term trend has been DOWN since Dec 4th, 2017 at 33.59

intermediate term down The intermediate term trend has been DOWN since Jun 6th, 2018 at 32.78

short term up The short term trend has been UP since Sep 20th, 2018 at 29.34

Smart Scan Analysis for ZL.U19.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.U19.E scored -75 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
28.92 29.50 28.78 29.26 +0.35
Prev. Close Volume Bid Ask Time
28.89 825 2018-09-20 14:19:07
Contract High35.15Contract High Date2017-08-25
Contract Low28.63Contract Low Date2018-09-18
Estimated Volume506First Delivery2019-09-30
Expiration2019-09-13Open Time20:00
Close Time14:20
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