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Future Trend Analysis Report

Prepared for you on Sunday, April 11, 2021.

WHEAT (MINI) May 2021 (CBOT:XW.K21)

Sidelines Mode (-50) - XW.K21 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until XW.K21 can gain momentum.

Is it time to buy, sell, or avoid XW.K21?

MarketClub looks at technical strength and momentum to determine if the timing is right for XW.K21.

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

CBOT_XW.K21
Open High Low XW.K21 Price Change
638.000 638.500 635.250 635.875 -2.875
Entry Signal

MarketClub’s Trade Triangles for XW.K21

long term up The long-term trend has been UP since Sep 1st, 2020 at 546.500

intermediate term down The intermediate-term trend has been DOWN since Mar 8th, 2021 at 646.375

short term down The short-term trend has been DOWN since Mar 31st, 2021 at 600.500

Smart Scan Analysis for XW.K21

Based on our trend formula, XW.K21 is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for XW.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
638.000 638.500 635.250 635.875 -2.875
Prev. Close Volume Bid Ask Time
637.000 71 2021-04-11 21:00:19
Expiration2021-05-14Open Time20:00
Close Time14:45
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