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Future Trend Analysis Report

Prepared for you on Sunday, November 18, 2018.

WHEAT May 2019 (E) (CBOT:ZW.K19.E)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.K19.E
Open High Low ZW.K19.E Price Change
522.50 524.75 520.25 522.25 -0.25
Entry Signal

MarketClub’s Trade Triangles for ZW.K19.E

long term down The long term trend has been DOWN since Oct 25th, 2018 at 520.75

intermediate term down The intermediate term trend has been DOWN since Aug 22nd, 2018 at 574.50

short term down The short term trend has been DOWN since Nov 8th, 2018 at 532.50

Smart Scan Analysis for ZW.K19.E

Based on a pre-defined weighted trend formula for chart analysis, ZW.K19.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for ZW.K19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
522.50 524.75 520.25 522.25 -0.25
Prev. Close Volume Bid Ask Time
522.75 9559 2018-11-16 14:15:30
Contract High630Contract High Date2018-08-02
Contract Low493.75Contract Low Date2017-12-12
Estimated Volume16302First Delivery2019-05-10
Expiration2019-05-14Open Time20:00
Close Time14:20
Want to analyze WHEAT May 2019 (E) ZW.K19.E or another symbol? Try our Free Future Trend Analysis Report.