Future Trend Analysis Report
Prepared for you on Sunday, December 17, 2017.
SOYBEANS Nov 2019 (E) (CBOT:ZS.X19.E)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.
MarketClub’s Trade Triangles for ZS.X19.E
The long term trend has been UP since Jul 3rd, 2017 at 954.5
The intermediate term trend has been DOWN since Dec 11th, 2017 at 991.0
The short term trend has been DOWN since Dec 6th, 2017 at 1002.5
Smart Scan Analysis for ZS.X19.E
Based on a pre-defined weighted trend formula for chart analysis, ZS.X19.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1015||Contract High Date||2017-12-05|
|Contract Low||890||Contract Low Date||2016-02-08|
|Estimated Volume||175||First Delivery||2019-11-18|