Analyze Symbol

Future Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

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

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.Q18.E
Open High Low ZM.Q18.E Price Change
322.0 328.0 321.4 335.0 +7.2
Entry Signal

MarketClub’s Trade Triangles for ZM.Q18.E

long term down The long term trend has been DOWN since Jun 8th, 2018 at 359.1

intermediate term down The intermediate term trend has been DOWN since Aug 10th, 2018 at 325.1

short term down The short term trend has been DOWN since Aug 10th, 2018 at 330.7

Smart Scan Analysis for ZM.Q18.E

Based on a pre-defined weighted trend formula for chart analysis, ZM.Q18.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for ZM.Q18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
322.0 328.0 321.4 335.0 +7.2
Prev. Close Volume Bid Ask Time
335 108 2018-08-14 13:16:09
Contract High403.2Contract High Date2018-05-01
Contract Low301.9Contract Low Date2017-06-23
Estimated Volume108First 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.