Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, April 24, 2017.

WHEAT May 2017 (E) (CBOT:ZW.K17.E)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_ZW.K17.E
Open High Low ZW.K17.E Price Change
402.75 402.75 401.00 401.00 -1.50
Entry Signal

MarketClub’s Trade Triangles for ZW.K17.E

long term down The long term trend has been DOWN since Apr 20th, 2017 at 416.25

intermediate term down The intermediate term trend has been DOWN since Mar 13th, 2017 at 438.00

short term down The short term trend has been DOWN since Apr 17th, 2017 at 428.75

Smart Scan Analysis for ZW.K17.E

Based on a pre-defined weighted trend formula for chart analysis, ZW.K17.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for ZW.K17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
402.75 402.75 401.00 401.00 -1.50
Prev. Close Volume Bid Ask Time
405 298 2017-04-24 22:38:53
Contract High646.75Contract High Date2015-06-30
Contract Low400Contract Low Date2017-04-21
Estimated Volume35470First Delivery2017-05-10
Expiration2017-05-12Open Time20:00
Close Time14:20
Want to analyze WHEAT May 2017 (E) ZW.K17.E or another symbol? Try our Free Future Trend Analysis Report.