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Future Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

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

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.U19.E
Open High Low ZL.U19.E Price Change
29.84 29.84 29.74 29.83 -0.10
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 down The short term trend has been DOWN since Jul 2nd, 2018 at 31.09

Smart Scan Analysis for ZL.U19.E

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

-100
Smart Scan Analysis for ZL.U19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.84 29.84 29.74 29.83 -0.10
Prev. Close Volume Bid Ask Time
29.87 87 2018-07-16 10:57:19
Contract High35.15Contract High Date2017-08-25
Contract Low29.5Contract Low Date2018-07-13
Estimated Volume405First 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.