Future Trend Analysis Report
Prepared for you on Thursday, January 18, 2018.
SOYBEANS Aug 2018 (E) (CBOT:ZS.Q18.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.
MarketClub’s Trade Triangles for ZS.Q18.E
The long term trend has been DOWN since Jan 10th, 2018 at 979.50
The intermediate term trend has been DOWN since Dec 12th, 2017 at 1012.75
The short term trend has been UP since Jan 15th, 2018 at 985.50
Smart Scan Analysis for ZS.Q18.E
Based on a pre-defined weighted trend formula for chart analysis, ZS.Q18.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1055.25||Contract High Date||2017-07-12|
|Contract Low||890||Contract Low Date||2016-03-02|
|Estimated Volume||2233||First Delivery||2018-08-16|