Future Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
SOYBEAN MEAL Sep 2019 (CBOT:ZM.U19)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.
MarketClub’s Trade Triangles for ZM.U19
The long term trend has been UP since May 30th, 2019 at 327.5
The intermediate term trend has been DOWN since Jul 1st, 2019 at 312.0
The short term trend has been DOWN since Aug 15th, 2019 at 292.5
Smart Scan Analysis for ZM.U19
Based on a pre-defined weighted trend formula for chart analysis, ZM.U19 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||20:00||Close Time||14:20|