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Future Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

SOYBEAN OIL Dec 2020 (CBOT:ZL.Z20)

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.Z20
Open High Low ZL.Z20 Price Change
30.35 30.35 30.31 30.33 +0.05
Entry Signal

MarketClub’s Trade Triangles for ZL.Z20

long term down The long term trend has been DOWN since Apr 1st, 2019 at 31.08

intermediate term up The intermediate term trend has been UP since Jun 13th, 2019 at 30.16

short term down The short term trend has been DOWN since Jun 12th, 2019 at 29.60

Smart Scan Analysis for ZL.Z20

Based on a pre-defined weighted trend formula for chart analysis, ZL.Z20 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for ZL.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.35 30.35 30.31 30.33 +0.05
Prev. Close Volume Bid Ask Time
29.78 29 2019-06-19 06:11:35
First Delivery2020-12-31Expiration2020-12-14
Open Time20:00Close Time14:20
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