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Future Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

SOYBEAN OIL Dec 2019 (CBOT:ZL.Z19)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.

CBOT_ZL.Z19
Open High Low ZL.Z19 Price Change
29.73 29.97 29.38 29.40 -0.56
Entry Signal

MarketClub’s Trade Triangles for ZL.Z19

long term up The long term trend has been UP since Aug 8th, 2019 at 29.32

intermediate term up The intermediate term trend has been UP since Aug 8th, 2019 at 29.09

short term down The short term trend has been DOWN since Sep 19th, 2019 at 29.94

Smart Scan Analysis for ZL.Z19

Based on a pre-defined weighted trend formula for chart analysis, ZL.Z19 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for ZL.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.73 29.97 29.38 29.40 -0.56
Prev. Close Volume Bid Ask Time
27.98 83339 2019-09-20 14:19:56
First Delivery2019-12-31Expiration2019-12-13
Open Time20:00Close Time14:20
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