Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, January 22, 2018.

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
340.9 341.5 340.8 341.5 -0.2
Entry Signal

MarketClub’s Trade Triangles for ZM.K18.E

long term down The long term trend has been DOWN since Jan 11th, 2018 at 317.1

intermediate term up The intermediate term trend has been UP since Jan 16th, 2018 at 325.9

short term up The short term trend has been UP since Jan 15th, 2018 at 321.4

Smart Scan Analysis for ZM.K18.E

Based on a pre-defined weighted trend formula for chart analysis, ZM.K18.E scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for ZM.K18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
340.9 341.5 340.8 341.5 -0.2
Prev. Close Volume Bid Ask Time
334.3 2909 2018-01-22 22:42:01
Contract High352.6Contract High Date2017-12-06
Contract Low299.6Contract Low Date2017-06-23
Estimated Volume36948First Delivery2018-06-04
Expiration2018-05-14Open Time20:00
Close Time14:20
Want to analyze SOYBEAN MEAL May 2018 (E) ZM.K18.E or another symbol? Try our Free Future Trend Analysis Report.