Future Trend Analysis Report
Prepared for you on Sunday, December 17, 2017.
WHEAT (MINI) Mar 2018 (E) (CBOT:XW.H18.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.
MarketClub’s Trade Triangles for XW.H18.E
The long term trend has been DOWN since Aug 16th, 2017 at 477.500
The intermediate term trend has been DOWN since Oct 9th, 2017 at 458.000
The short term trend has been UP since Dec 14th, 2017 at 418.625
Smart Scan Analysis for XW.H18.E
Based on a pre-defined weighted trend formula for chart analysis, XW.H18.E scored -75 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||127||First Delivery||2018-04-03|