Analyze Symbol

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.

CBOT_ZM.U19
Open High Low ZM.U19 Price Change
291.9 295.6 291.9 294.6 +2.8
Entry Signal

MarketClub’s Trade Triangles for ZM.U19

long term up The long term trend has been UP since May 30th, 2019 at 327.5

intermediate term down The intermediate term trend has been DOWN since Jul 1st, 2019 at 312.0

short term down 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).

-60
Smart Scan Analysis for ZM.U19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
291.9 295.6 291.9 294.6 +2.8
Prev. Close Volume Bid Ask Time
315 12514 2019-08-16 14:19:38
First Delivery2019-10-02Expiration2019-09-13
Open Time20:00Close Time14:20
Want to analyze SOYBEAN MEAL Sep 2019 ZM.U19 or another symbol? Try our Free Future Trend Analysis Report.