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Future Trend Analysis Report

Prepared for you on Saturday, January 20, 2018.

WHEAT (MINI) Jul 2019 (E) (CBOT:XW.N19.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.

CBOT_XW.N19.E
Open High Low XW.N19.E Price Change
507.625 507.625 507.625 506.500 -2.500
Entry Signal

MarketClub’s Trade Triangles for XW.N19.E

long term down The long term trend has been DOWN since Aug 17th, 2017 at 526.50

intermediate term up The intermediate term trend has been UP since Jan 2nd, 2018 at 507.25

short term up The short term trend has been UP since Dec 27th, 2017 at 503.75

Smart Scan Analysis for XW.N19.E

Based on a pre-defined weighted trend formula for chart analysis, XW.N19.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for XW.N19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
507.625 507.625 507.625 506.500 -2.500
Prev. Close Volume Bid Ask Time
506.5 3 2018-01-19 14:22:11
Contract High600Contract High Date2017-07-05
Contract Low507.625Contract Low Date2018-01-02
Estimated Volume3First Delivery2019-08-02
Expiration2019-07-12Open Time20:00
Close Time14:45
Want to analyze WHEAT (MINI) Jul 2019 (E) XW.N19.E or another symbol? Try our Free Future Trend Analysis Report.