Analyze Symbol

Future Trend Analysis Report

Prepared for you on Saturday, November 18, 2017.

SOYBEAN MEAL May 2018 (E) (CBOT:ZM.K18.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_ZM.K18.E
Open High Low ZM.K18.E Price Change
318.1 325.8 317.7 325.4 +7.5
Entry Signal

MarketClub’s Trade Triangles for ZM.K18.E

long term up The long term trend has been UP since Jul 3rd, 2017 at 322.1

intermediate term down The intermediate term trend has been DOWN since Oct 31st, 2017 at 319.2

short term up The short term trend has been UP since Nov 17th, 2017 at 320.6

Smart Scan Analysis for ZM.K18.E

Based on a pre-defined weighted trend formula for chart analysis, ZM.K18.E scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for ZM.K18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
318.1 325.8 317.7 325.4 +7.5
Prev. Close Volume Bid Ask Time
325.9 7715 2017-11-17 14:16:14
Contract High346.8Contract High Date2017-07-12
Contract Low299.6Contract Low Date2017-06-23
Estimated Volume5846First Delivery2018-06-04
Expiration2018-05-14Open Time20:00
Close Time14:20
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