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Future Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

SOYBEAN OIL Dec 2019 (E) (CBOT:ZL.Z19.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.

CBOT_ZL.Z19.E
Open High Low ZL.Z19.E Price Change
30.65 30.65 30.65 30.65 -0.03
Entry Signal

MarketClub’s Trade Triangles for ZL.Z19.E

long term down The long term trend has been DOWN since Jun 7th, 2018 at 32.78

intermediate term up The intermediate term trend has been UP since Sep 27th, 2018 at 30.58

short term down The short term trend has been DOWN since Oct 18th, 2018 at 30.96

Smart Scan Analysis for ZL.Z19.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.Z19.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for ZL.Z19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.65 30.65 30.65 30.65 -0.03
Prev. Close Volume Bid Ask Time
30.66 2 2018-10-22 20:21:25
Contract High35.85Contract High Date2017-09-06
Contract Low28.81Contract Low Date2018-09-19
Estimated Volume182First Delivery2019-12-31
Expiration2019-12-13Open Time20:00
Close Time14:20
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