Analyze Symbol

Future Trend Analysis Report

Prepared for you on Thursday, August 16, 2018.

SOYBEAN MEAL Sep 2018 (E) (CBOT:ZM.U18.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.U18.E
Open High Low ZM.U18.E Price Change
329.5 335.3 329.5 334.5 +5.0
Entry Signal

MarketClub’s Trade Triangles for ZM.U18.E

long term down The long term trend has been DOWN since Jun 11th, 2018 at 357.1

intermediate term down The intermediate term trend has been DOWN since Aug 10th, 2018 at 324.1

short term up The short term trend has been UP since Aug 14th, 2018 at 332.7

Smart Scan Analysis for ZM.U18.E

Based on a pre-defined weighted trend formula for chart analysis, ZM.U18.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for ZM.U18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
329.5 335.3 329.5 334.5 +5.0
Prev. Close Volume Bid Ask Time
329.6 1930 2018-08-16 08:08:21
Contract High399.1Contract High Date2018-05-01
Contract Low302.4Contract Low Date2017-06-23
Estimated Volume23249First Delivery2018-10-02
Expiration2018-09-14Open Time20:00
Close Time14:20
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