Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, May 23, 2018.

SOYBEAN MEAL Aug 2018 (E) (CBOT:ZM.Q18.E)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.Q18.E
Open High Low ZM.Q18.E Price Change
377.5 379.5 376.8 376.8 -0.7
Entry Signal

MarketClub’s Trade Triangles for ZM.Q18.E

long term up The long term trend has been UP since Feb 11th, 2018 at 352.0

intermediate term down The intermediate term trend has been DOWN since May 17th, 2018 at 374.5

short term up The short term trend has been UP since May 20th, 2018 at 380.8

Smart Scan Analysis for ZM.Q18.E

Based on a pre-defined weighted trend formula for chart analysis, ZM.Q18.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for ZM.Q18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
377.5 379.5 376.8 376.8 -0.7
Prev. Close Volume Bid Ask Time
378 938 2018-05-23 06:09:50
Contract High403.2Contract High Date2018-05-01
Contract Low301.9Contract Low Date2017-06-23
Estimated Volume12058First Delivery2018-09-05
Expiration2018-08-14Open Time20:00
Close Time14:20
Want to analyze SOYBEAN MEAL Aug 2018 (E) ZM.Q18.E or another symbol? Try our Free Future Trend Analysis Report.