Future Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
WHEAT (MINI) Dec 2023 (CBOT:XW.Z23)
Strong Uptrend (+100) - XW.Z23 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, XW.Z23 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid XW.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for XW.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XW.Z23
The long-term trend has been UP since Dec 5th, 2023 at 612.750
The intermediate-term trend has been UP since Dec 5th, 2023 at 583.875
The short-term trend has been UP since Nov 29th, 2023 at 551.375
Smart Scan Analysis for XW.Z23
Based on our trend formula, XW.Z23 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).