Future Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
WHEAT (MINI) Mar 2019 (E) (CBOT:XW.H19.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.H19.E
The long term trend has been DOWN since Nov 19th, 2018 at 507.000
The intermediate term trend has been DOWN since Oct 24th, 2018 at 525.375
The short term trend has been UP since Nov 30th, 2018 at 516.250
Smart Scan Analysis for XW.H19.E
Based on a pre-defined weighted trend formula for chart analysis, XW.H19.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||622||Contract High Date||2018-08-02|
|Contract Low||504||Contract Low Date||2017-12-06|
|Estimated Volume||216||First Delivery||2019-04-02|