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Future Trend Analysis Report

Prepared for you on Sunday, November 19, 2017.

SOYBEAN MEAL Dec 2017 (E) (CBOT:ZM.Z17.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.Z17.E
Open High Low ZM.Z17.E Price Change
310.7 318.7 310.2 318.2 +7.7
Entry Signal

MarketClub’s Trade Triangles for ZM.Z17.E

long term down The long term trend has been DOWN since Aug 23rd, 2017 at 295.4

intermediate term down The intermediate term trend has been DOWN since Oct 31st, 2017 at 311.5

short term up The short term trend has been UP since Nov 17th, 2017 at 313.3

Smart Scan Analysis for ZM.Z17.E

Based on a pre-defined weighted trend formula for chart analysis, ZM.Z17.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for ZM.Z17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
310.7 318.7 310.2 318.2 +7.7
Prev. Close Volume Bid Ask Time
318.8 68239 2017-11-17 14:16:14
Contract High348.7Contract High Date2017-07-10
Contract Low270Contract Low Date2016-02-26
Estimated Volume36690First Delivery2018-01-03
Expiration2017-12-14Open Time20:00
Close Time14:20
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