Future Trend Analysis Report
Prepared for you on Thursday, March 22, 2018.
WHEAT (MINI) May 2018 (E) (CBOT:XW.K18.E)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.K18.E
The long term trend has been UP since Feb 7th, 2018 at 471.750
The intermediate term trend has been DOWN since Mar 18th, 2018 at 466.625
The short term trend has been DOWN since Mar 8th, 2018 at 495.250
Smart Scan Analysis for XW.K18.E
Based on a pre-defined weighted trend formula for chart analysis, XW.K18.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||557||Contract High Date||2017-07-19|
|Contract Low||426.75||Contract Low Date||2017-12-11|
|Estimated Volume||238||First Delivery||2018-06-04|