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Future Trend Analysis Report

Prepared for you on Thursday, October 19, 2017.

WHEAT (MINI) Jul 2018 (E) (CBOT:XW.N18.E)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

CBOT_XW.N18.E
Open High Low XW.N18.E Price Change
476.25 476.25 475.00 477.00 -4.00
Entry Signal

MarketClub’s Trade Triangles for XW.N18.E

long term down The long term trend has been DOWN since Aug 16th, 2017 at 495.5

intermediate term down The intermediate term trend has been DOWN since Oct 9th, 2017 at 485.0

short term down The short term trend has been DOWN since Oct 9th, 2017 at 485.0

Smart Scan Analysis for XW.N18.E

Based on a pre-defined weighted trend formula for chart analysis, XW.N18.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for XW.N18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
476.25 476.25 475.00 477.00 -4.00
Prev. Close Volume Bid Ask Time
481 1 2017-10-17 14:22:39
Contract High609Contract High Date2017-07-05
Contract Low474.25Contract Low Date2017-10-12
Estimated Volume4First Delivery2018-08-02
Expiration2018-07-13Open Time20:00
Close Time14:45
Want to analyze WHEAT (MINI) Jul 2018 (E) XW.N18.E or another symbol? Try our Free Future Trend Analysis Report.