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Future Trend Analysis Report

Prepared for you on Sunday, December 3, 2023.

WHEAT May 2024 (CBOT:ZW.K24)

Weak Downtrend (-65) - ZW.K24 is showing signs of a strengthening downtrend. Monitor ZW.K24 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ZW.K24?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.K24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CBOT_ZW.K24
Open High Low ZW.K24 Price Change
616.00 618.75 614.25 615.00 -2.00
Entry Signal

MarketClub’s Trade Triangles for ZW.K24

long term down The long-term trend has been DOWN since Aug 31st, 2023 at 642.25

intermediate term down The intermediate-term trend has been DOWN since Oct 31st, 2023 at 606.75

short term up The short-term trend has been UP since Nov 29th, 2023 at 594.75

Smart Scan Analysis for ZW.K24

Based on our trend formula, ZW.K24 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for ZW.K24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
616.00 618.75 614.25 615.00 -2.00
Prev. Close Volume Bid Ask Time
615.50 504 2023-12-03 21:31:00
Expiration2024-05-14Open Time20:00
Close Time14:20
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