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Future Trend Analysis Report

Prepared for you on Wednesday, October 28, 2020.

SOYBEAN MEAL Jan 2021 (CBOT:ZM.F21)

Bull Market Weakness (+75) - ZM.F21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZM.F21 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ZM.F21?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.F21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CBOT_ZM.F21
Open High Low ZM.F21 Price Change
370.5 371.8 369.9 370.1 -0.7
Entry Signal

MarketClub’s Trade Triangles for ZM.F21

long term up The long-term trend has been UP since Aug 28th, 2020 at 309.4

intermediate term up The intermediate-term trend has been UP since Aug 16th, 2020 at 301.7

short term down The short-term trend has been DOWN since Oct 28th, 2020 at 374.6

Smart Scan Analysis for ZM.F21

Based on our trend formula, ZM.F21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for ZM.F21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
370.5 371.8 369.9 370.1 -0.7
Prev. Close Volume Bid Ask Time
327.7 686 2020-10-28 21:29:57
Expiration2021-01-14Open Time20:00
Close Time14:20
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