Future Trend Analysis Report
Prepared for you on Saturday, May 28, 2022.
WHEAT (MINI) Sep 2022 (CBOT:XW.U22)
Long-Term Uptrend (+90) - XW.U22 is in a strong uptrend that is likely to continue. While XW.U22 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.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for XW.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XW.U22
The long-term trend has been UP since Apr 21st, 2021 at 615.00
The intermediate-term trend has been UP since May 8th, 2022 at 1131.00
The short-term trend has been UP since May 27th, 2022 at 1167.75
Smart Scan Analysis for XW.U22
Based on our trend formula, XW.U22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).