Future Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
WHEAT (MINI) Mar 2018 (E) (CBOT:XW.H18.E)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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.
MarketClub’s Trade Triangles for XW.H18.E
The long term trend has been UP since Feb 7th, 2018 at 458.5
The intermediate term trend has been UP since Jan 25th, 2018 at 436.5
The short term trend has been DOWN since Mar 9th, 2018 at 493.0
Smart Scan Analysis for XW.H18.E
Based on a pre-defined weighted trend formula for chart analysis, XW.H18.E scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||600||Contract High Date||2017-07-05|
|Contract Low||410.75||Contract Low Date||2017-12-12|
|Estimated Volume||5||First Delivery||2018-04-03|