Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

WHEAT (MINI) Dec 2018 (E) (CBOT:XW.Z18.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.

CBOT_XW.Z18.E
Open High Low XW.Z18.E Price Change
505.625 518.125 505.625 515.750 +19.250
Entry Signal

MarketClub’s Trade Triangles for XW.Z18.E

long term down The long term trend has been DOWN since Oct 25th, 2018 at 491.375

intermediate term down The intermediate term trend has been DOWN since Nov 28th, 2018 at 496.000

short term up The short term trend has been UP since Nov 30th, 2018 at 509.750

Smart Scan Analysis for XW.Z18.E

Based on a pre-defined weighted trend formula for chart analysis, XW.Z18.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for XW.Z18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
505.625 518.125 505.625 515.750 +19.250
Prev. Close Volume Bid Ask Time
492.750 13 2018-11-30 13:25:30
Contract High613Contract High Date2017-07-10
Contract Low469.875Contract Low Date2017-12-12
Estimated Volume116First Delivery2019-01-03
Expiration2018-12-14Open Time20:00
Close Time14:45
Want to analyze WHEAT (MINI) Dec 2018 (E) XW.Z18.E or another symbol? Try our Free Future Trend Analysis Report.