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Future Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

SOYBEAN OIL Jul 2019 (CBOT:ZL.N19)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_ZL.N19
Open High Low ZL.N19 Price Change
28.36 28.48 28.16 28.47 +0.14
Entry Signal

MarketClub’s Trade Triangles for ZL.N19

long term down The long term trend has been DOWN since Apr 23rd, 2019 at 28.68

intermediate term up The intermediate term trend has been UP since May 29th, 2019 at 27.80

short term down The short term trend has been DOWN since Jun 12th, 2019 at 27.21

Smart Scan Analysis for ZL.N19

Based on a pre-defined weighted trend formula for chart analysis, ZL.N19 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for ZL.N19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.36 28.48 28.16 28.47 +0.14
Prev. Close Volume Bid Ask Time
27.29 5587 2019-06-19 06:37:58
First Delivery2019-07-31Expiration2019-07-12
Open Time20:00Close Time14:20
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