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Future Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

SOYBEAN MEAL Dec 2019 (E) (CBOT:ZM.Z19.E)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.Z19.E
Open High Low ZM.Z19.E Price Change
320.7 324.4 320.1 321.3 +0.3
Entry Signal

MarketClub’s Trade Triangles for ZM.Z19.E

long term down The long term trend has been DOWN since Jun 15th, 2018 at 329.7

intermediate term up The intermediate term trend has been UP since Sep 20th, 2018 at 316.2

short term up The short term trend has been UP since Oct 15th, 2018 at 316.5

Smart Scan Analysis for ZM.Z19.E

Based on a pre-defined weighted trend formula for chart analysis, ZM.Z19.E scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for ZM.Z19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
320.7 324.4 320.1 321.3 +0.3
Prev. Close Volume Bid Ask Time
320.6 648 2018-10-17 14:17:09
Contract High350.4Contract High Date2018-02-21
Contract Low305Contract Low Date2017-06-27
Estimated Volume1283First Delivery2020-01-03
Expiration2019-12-13Open Time20:00
Close Time14:20
Want to analyze SOYBEAN MEAL Dec 2019 (E) ZM.Z19.E or another symbol? Try our Free Future Trend Analysis Report.