Analyze Symbol

Future Trend Analysis Report

Prepared for you on Saturday, May 26, 2018.

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

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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
33.86 33.94 33.73 33.77 -0.42
Entry Signal

MarketClub’s Trade Triangles for ZL.Z19.E

long term up The long term trend has been UP since Mar 2nd, 2018 at 33.98

intermediate term up The intermediate term trend has been UP since May 14th, 2018 at 33.70

short term down The short term trend has been DOWN since May 25th, 2018 at 33.91

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
33.86 33.94 33.73 33.77 -0.42
Prev. Close Volume Bid Ask Time
33.77 166 2018-05-25 14:16:35
Contract High35.85Contract High Date2017-09-06
Contract Low32.6Contract Low Date2018-02-13
Estimated Volume244First Delivery2019-12-31
Expiration2019-12-13Open Time20:00
Close Time14:20
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