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Future Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

SOYBEAN MEAL Aug 2019 (E) (CBOT:ZM.Q19.E)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.Q19.E
Open High Low ZM.Q19.E Price Change
319.3 321.6 318.8 320.3 +1.0
Entry Signal

MarketClub’s Trade Triangles for ZM.Q19.E

long term down The long term trend has been DOWN since Jun 14th, 2018 at 343.0

intermediate term down The intermediate term trend has been DOWN since Nov 26th, 2018 at 314.5

short term up The short term trend has been UP since Nov 28th, 2018 at 318.7

Smart Scan Analysis for ZM.Q19.E

Based on a pre-defined weighted trend formula for chart analysis, ZM.Q19.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for ZM.Q19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
319.3 321.6 318.8 320.3 +1.0
Prev. Close Volume Bid Ask Time
319.3 489 2018-11-30 14:12:35
Contract High360.3Contract High Date2018-05-02
Contract Low307.5Contract Low Date2018-09-18
Estimated Volume517First Delivery2019-09-04
Expiration2019-08-14Open Time20:00
Close Time14:20
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