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Future Trend Analysis Report

Prepared for you on Monday, May 1, 2017.

WHEAT May 2017 (E) (CBOT:ZW.K17.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_ZW.K17.E
Open High Low ZW.K17.E Price Change
423.75 428.50 423.75 418.50 +9.00
Entry Signal

MarketClub’s Trade Triangles for ZW.K17.E

long term down The long term trend has been DOWN since Apr 20th, 2017 at 416.25

intermediate term down The intermediate term trend has been DOWN since Mar 13th, 2017 at 438.00

short term up The short term trend has been UP since Apr 26th, 2017 at 411.00

Smart Scan Analysis for ZW.K17.E

Based on a pre-defined weighted trend formula for chart analysis, ZW.K17.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for ZW.K17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
423.75 428.50 423.75 418.50 +9.00
Prev. Close Volume Bid Ask Time
418.5 2440 2017-04-28 14:16:33
Contract High646.75Contract High Date2015-06-30
Contract Low398.5Contract Low Date2017-04-25
Estimated Volume897First Delivery2017-05-10
Expiration2017-05-12Open Time20:00
Close Time14:20
Want to analyze WHEAT May 2017 (E) ZW.K17.E or another symbol? Try our Free Future Trend Analysis Report.