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Future Trend Analysis Report

Prepared for you on Saturday, August 19, 2017.

SOYBEAN MEAL Jul 2018 (E) (CBOT:ZM.N18.E)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.N18.E
Open High Low ZM.N18.E Price Change
309.1 309.2 306.5 307.5 -0.6
Entry Signal

MarketClub’s Trade Triangles for ZM.N18.E

long term up The long term trend has been UP since Jul 3rd, 2017 at 323.9

intermediate term down The intermediate term trend has been DOWN since Jul 30th, 2017 at 326.2

short term down The short term trend has been DOWN since Aug 10th, 2017 at 318.1

Smart Scan Analysis for ZM.N18.E

Based on a pre-defined weighted trend formula for chart analysis, ZM.N18.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for ZM.N18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
309.1 309.2 306.5 307.5 -0.6
Prev. Close Volume Bid Ask Time
307.4 1595 2017-08-18 14:15:46
Contract High348.4Contract High Date2017-07-12
Contract Low299Contract Low Date2015-11-05
Estimated Volume290First Delivery2018-08-02
Expiration2018-07-13Open Time20:00
Close Time14:20
Want to analyze SOYBEAN MEAL Jul 2018 (E) ZM.N18.E or another symbol? Try our Free Future Trend Analysis Report.