Future Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
WHEAT (MINI) Dec 2018 (E) (CBOT:XW.Z18.E)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.Z18.E
The long term trend has been UP since Jul 31st, 2018 at 582.000
The intermediate term trend has been DOWN since Aug 21st, 2018 at 549.250
The short term trend has been UP since Sep 19th, 2018 at 516.625
Smart Scan Analysis for XW.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, XW.Z18.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||613||Contract High Date||2017-07-10|
|Contract Low||469.875||Contract Low Date||2017-12-12|
|Estimated Volume||170||First Delivery||2019-01-03|