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Future Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

WHEAT Dec 2018 (E) (CBOT:ZW.Z18.E)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_ZW.Z18.E
Open High Low ZW.Z18.E Price Change
505.25 507.50 503.00 503.00 -2.50
Entry Signal

MarketClub’s Trade Triangles for ZW.Z18.E

long term down The long term trend has been DOWN since Oct 25th, 2018 at 490.00

intermediate term up The intermediate term trend has been UP since Nov 12th, 2018 at 517.00

short term down The short term trend has been DOWN since Nov 14th, 2018 at 501.25

Smart Scan Analysis for ZW.Z18.E

Based on a pre-defined weighted trend formula for chart analysis, ZW.Z18.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for ZW.Z18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
505.25 507.50 503.00 503.00 -2.50
Prev. Close Volume Bid Ask Time
505.5 4152 2018-11-16 06:49:02
Contract High622Contract High Date2017-07-05
Contract Low468.25Contract Low Date2017-12-12
Estimated Volume80899First Delivery2018-12-12
Expiration2018-12-14Open Time20:00
Close Time14:20
Want to analyze WHEAT Dec 2018 (E) ZW.Z18.E or another symbol? Try our Free Future Trend Analysis Report.