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.
MarketClub’s Trade Triangles for ZM.U21_V21
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
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).
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