Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

SOYBEAN OIL Oct 2018 (E) (CBOT:ZL.V18.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.V18.E Price Change
28.59 28.70 28.53 28.63 +0.27
Entry Signal

MarketClub’s Trade Triangles for ZL.V18.E

long term down The long term trend has been DOWN since Oct 2nd, 2017 at 33.19

intermediate term down The intermediate term trend has been DOWN since Jun 7th, 2018 at 31.00

short term up The short term trend has been UP since Aug 17th, 2018 at 28.44

Smart Scan Analysis for ZL.V18.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.V18.E scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ZL.V18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.59 28.70 28.53 28.63 +0.27
Prev. Close Volume Bid Ask Time
28.43 1449 2018-08-20 06:09:57
Contract High36.11Contract High Date2017-09-07
Contract Low27.72Contract Low Date2018-07-13
Estimated Volume5205First Delivery2018-10-31
Expiration2018-10-12Open Time20:00
Close Time14:20
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