Future Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
WHEAT (MINI) May 2019 (E) (CBOT:XW.K19.E)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.K19.E
The long term trend has been UP since Feb 7th, 2018 at 536.50
The intermediate term trend has been UP since Jul 20th, 2018 at 553.00
The short term trend has been UP since Aug 16th, 2018 at 586.25
Smart Scan Analysis for XW.K19.E
Based on a pre-defined weighted trend formula for chart analysis, XW.K19.E scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||622.25||Contract High Date||2018-08-02|
|Contract Low||525||Contract Low Date||2018-01-29|
|Estimated Volume||2||First Delivery||2019-06-04|