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Future Trend Analysis Report

Prepared for you on Tuesday, June 19, 2018.

SOYBEAN MEAL Oct 2018 (E) (CBOT:ZM.V18.E)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.V18.E
Open High Low ZM.V18.E Price Change
339.5 339.8 338.0 338.2 -0.8
Entry Signal

MarketClub’s Trade Triangles for ZM.V18.E

long term down The long term trend has been DOWN since Jun 11th, 2018 at 354.5

intermediate term down The intermediate term trend has been DOWN since May 11th, 2018 at 372.0

short term down The short term trend has been DOWN since May 30th, 2018 at 375.9

Smart Scan Analysis for ZM.V18.E

Based on a pre-defined weighted trend formula for chart analysis, ZM.V18.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for ZM.V18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
339.5 339.8 338.0 338.2 -0.8
Prev. Close Volume Bid Ask Time
340.3 150 2018-06-19 23:23:07
Contract High395.5Contract High Date2018-05-01
Contract Low299Contract Low Date2015-11-05
Estimated Volume15571First Delivery2018-11-02
Expiration2018-10-12Open Time20:00
Close Time14:20
Want to analyze SOYBEAN MEAL Oct 2018 (E) ZM.V18.E or another symbol? Try our Free Future Trend Analysis Report.