Future Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
WHEAT Mar 2019 (E) (CBOT:ZW.H19.E)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 ZW.H19.E
The long term trend has been UP since Feb 7th, 2018 at 531.5
The intermediate term trend has been UP since Jan 2nd, 2018 at 495.0
The short term trend has been DOWN since Feb 21st, 2018 at 533.0
Smart Scan Analysis for ZW.H19.E
Based on a pre-defined weighted trend formula for chart analysis, ZW.H19.E scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||625.25||Contract High Date||2017-07-11|
|Contract Low||482.25||Contract Low Date||2017-12-12|
|Estimated Volume||715||First Delivery||2019-03-12|