Future Trend Analysis Report
Prepared for you on Sunday, May 27, 2018.
WHEAT May 2018 (E) (CBOT:ZW.K18.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.K18.E
The long term trend has been UP since Feb 7th, 2018 at 472.00
The intermediate term trend has been UP since Apr 8th, 2018 at 472.75
The short term trend has been DOWN since May 7th, 2018 at 522.50
Smart Scan Analysis for ZW.K18.E
Based on a pre-defined weighted trend formula for chart analysis, ZW.K18.E scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||609.75||Contract High Date||2017-07-05|
|Contract Low||423.75||Contract Low Date||2017-12-12|
|Estimated Volume||15||First Delivery||2018-05-10|