Future Trend Analysis Report
Prepared for you on Thursday, September 23, 2021.
WHEAT (MINI) Sep 2021 (CBOT:XW.U21)
Weak Downtrend (-65) - XW.U21 is showing signs of a strengthening downtrend. Monitor XW.U21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid XW.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XW.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XW.U21
The long-term trend has been UP since Jul 14th, 2020 at 530.25
The intermediate-term trend has been DOWN since Aug 31st, 2021 at 699.50
The short-term trend has been DOWN since Aug 30th, 2021 at 719.50
Smart Scan Analysis for XW.U21
Based on our trend formula, XW.U21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).