Analyze Symbol

Future Trend Analysis Report

Prepared for you on Friday, September 22, 2017.

SOYBEAN MEAL Oct 2017 (E) (CBOT:ZM.V17.E)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.V17.E
Open High Low ZM.V17.E Price Change
308.8 317.0 308.5 315.3 +6.3
Entry Signal

MarketClub’s Trade Triangles for ZM.V17.E

long term down The long term trend has been DOWN since Aug 23rd, 2017 at 294.3

intermediate term up The intermediate term trend has been UP since Sep 14th, 2017 at 307.5

short term up The short term trend has been UP since Sep 22nd, 2017 at 310.0

Smart Scan Analysis for ZM.V17.E

Based on a pre-defined weighted trend formula for chart analysis, ZM.V17.E scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for ZM.V17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
308.8 317.0 308.5 315.3 +6.3
Prev. Close Volume Bid Ask Time
309.2 22410 2017-09-22 14:18:49
Contract High344.9Contract High Date2017-07-10
Contract Low272Contract Low Date2016-03-01
Estimated Volume8379First Delivery2017-11-02
Expiration2017-10-13Open Time20:00
Close Time14:20
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