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Future Trend Analysis Report

Prepared for you on Thursday, January 23, 2020.

SOYBEAN MEAL Aug 2020 (CBOT:ZM.Q20)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_ZM.Q20
Open High Low ZM.Q20 Price Change
308.3 308.8 307.8 308.0 -0.3
Entry Signal

MarketClub’s Trade Triangles for ZM.Q20

long term down The long term trend has been DOWN since Sep 9th, 2019 at 308.3

intermediate term down The intermediate term trend has been DOWN since Jan 22nd, 2020 at 308.8

short term down The short term trend has been DOWN since Jan 21st, 2020 at 310.6

Smart Scan Analysis for ZM.Q20

Based on a pre-defined weighted trend formula for chart analysis, ZM.Q20 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for ZM.Q20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
308.3 308.8 307.8 308.0 -0.3
Prev. Close Volume Bid Ask Time
313.3 359 2020-01-23 08:35:51
First Delivery2020-09-02Expiration2020-08-14
Open Time20:00Close Time14:20
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