Analyze Symbol

Future Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

SOYBEAN MEAL Oct 2019 (E) (CBOT:ZM.V19.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.V19.E
Open High Low ZM.V19.E Price Change
324.4 324.4 322.2 322.2 -2.8
Entry Signal

MarketClub’s Trade Triangles for ZM.V19.E

long term down The long term trend has been DOWN since Jun 18th, 2018 at 330.6

intermediate term up The intermediate term trend has been UP since Jul 31st, 2018 at 326.2

short term down The short term trend has been DOWN since Aug 10th, 2018 at 328.0

Smart Scan Analysis for ZM.V19.E

Based on a pre-defined weighted trend formula for chart analysis, ZM.V19.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for ZM.V19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
324.4 324.4 322.2 322.2 -2.8
Prev. Close Volume Bid Ask Time
324.9 10 2018-08-21 14:14:39
Contract High350.6Contract High Date2018-05-02
Contract Low310.1Contract Low Date2018-07-12
Estimated Volume31First Delivery2019-11-04
Expiration2019-10-14Open Time20:00
Close Time14:20
Want to analyze SOYBEAN MEAL Oct 2019 (E) ZM.V19.E or another symbol? Try our Free Future Trend Analysis Report.