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Future Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

WHEAT (MINI) May 2020 (CBOT:XW.K20)

Long-Term Uptrend (+90) - XW.K20 is in a strong uptrend that is likely to continue. While XW.K20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid XW.K20?

MarketClub looks at technical strength and momentum to determine if the timing is right for XW.K20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CBOT_XW.K20
Open High Low XW.K20 Price Change
554.375 555.250 546.000 548.000 -7.750
Entry Signal

MarketClub’s Trade Triangles for XW.K20

long term up The long-term trend has been UP since Mar 27th, 2020 at 581.875

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2020 at 540.000

short term up The short-term trend has been UP since Apr 5th, 2020 at 556.625

Smart Scan Analysis for XW.K20

Based on our trend formula, XW.K20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for XW.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
554.375 555.250 546.000 548.000 -7.750
Prev. Close Volume Bid Ask Time
567.625 515 2020-04-07 06:48:41
Expiration2020-05-14Open Time20:00
Close Time14:45
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