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.
MarketClub’s Trade Triangles for XW.K21
The long-term trend has been UP since Sep 1st, 2020 at 546.500
The intermediate-term trend has been DOWN since Mar 8th, 2021 at 646.375
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).