Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Sunday, June 4, 2023.
WHEAT (MINI) Jul 2023 (CBOT:XW.N23)
Sidelines Mode (-55) - XW.N23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid XW.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for XW.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for XW.N23
The long-term trend has been DOWN since Dec 2nd, 2022 at 796
The intermediate-term trend has been DOWN since Feb 24th, 2023 at 755
The short-term trend has been UP since Jun 2nd, 2023 at 611
Smart Scan Analysis for XW.N23
Based on our trend formula, XW.N23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 611.000 | 622.375 | 602.500 | 619.000 | +11.625 |
| Prev. Close | Volume | Bid | Ask | Time |
| 622.000 | 983 | 2023-06-02 14:19:46 |
| Expiration | 2023-07-14 | Open Time | 20:00 |
| Close Time | 14:45 |