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Future Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

SOYBEAN MEAL Dec 2019 (CBOT:ZM.Z19)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_ZM.Z19
Open High Low ZM.Z19 Price Change
301.3 301.3 296.8 297.4 -1.6
Entry Signal

MarketClub’s Trade Triangles for ZM.Z19

long term down The long term trend has been DOWN since Sep 2nd, 2019 at 295.0

intermediate term down The intermediate term trend has been DOWN since Nov 22nd, 2019 at 299.2

short term up The short term trend has been UP since Dec 4th, 2019 at 292.9

Smart Scan Analysis for ZM.Z19

Based on a pre-defined weighted trend formula for chart analysis, ZM.Z19 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for ZM.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
301.3 301.3 296.8 297.4 -1.6
Prev. Close Volume Bid Ask Time
297.6 1004 2019-12-06 12:56:23
First Delivery2020-01-03Expiration2019-12-13
Open Time20:00Close Time14:20
Want to analyze SOYBEAN MEAL Dec 2019 ZM.Z19 or another symbol? Try our Free Future Trend Analysis Report.