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Spread Trend Analysis Report

Prepared for you on Thursday, May 13, 2021.

SOYBEAN MEAL Sep 2021/Oct 2021 Spread (CBOT:ZM.U21_V21)

Bear Market Rally (-75) - ZM.U21_V21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZM.U21_V21 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid ZM.U21_V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.U21_V21.

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

CBOT_ZM.U21_V21
Open High Low ZM.U21_V21 Price Change
10.2 10.6 9.2 9.2 -0.9
Entry Signal

MarketClub’s Trade Triangles for ZM.U21_V21

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for ZM.U21_V21

Based on our trend formula, ZM.U21_V21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for ZM.U21_V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.2 10.6 9.2 9.2 -0.9
Prev. Close Volume Bid Ask Time
10.3 28 2021-05-12 23:14:27
Open Time20:00Close Time14:20
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