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Future Trend Analysis Report

Prepared for you on Friday, July 19, 2019.

SOYBEAN OIL Aug 2019 (CBOT:ZL.Q19)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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.Q19
Open High Low ZL.Q19 Price Change
27.69 28.16 27.61 28.14 +0.50
Entry Signal

MarketClub’s Trade Triangles for ZL.Q19

long term down The long term trend has been DOWN since Apr 23rd, 2019 at 28.83

intermediate term up The intermediate term trend has been UP since May 29th, 2019 at 27.90

short term up The short term trend has been UP since Jul 19th, 2019 at 28.11

Smart Scan Analysis for ZL.Q19

Based on a pre-defined weighted trend formula for chart analysis, ZL.Q19 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for ZL.Q19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.69 28.16 27.61 28.14 +0.50
Prev. Close Volume Bid Ask Time
27.4 21653 2019-07-19 14:19:43
First Delivery2019-08-30Expiration2019-08-14
Open Time20:00Close Time14:20
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