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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.

CBOT_XW.U22
Open High Low XW.U22 Price Change
1156.875 1176.000 1147.500 1166.250 +14.125
Entry Signal

MarketClub’s Trade Triangles for XW.U22

long term up The long-term trend has been UP since Apr 21st, 2021 at 615.00

intermediate term up The intermediate-term trend has been UP since May 8th, 2022 at 1131.00

short term up 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).

+90
Smart Scan Analysis for XW.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1156.875 1176.000 1147.500 1166.250 +14.125
Prev. Close Volume Bid Ask Time
1166.125 38 2022-05-27 14:16:01
Expiration2022-09-14Open Time20:00
Close Time14:45
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