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Spread Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

WHEAT (MINI) Sep 2022/Mar 2023 Spread (CBOT:XW.U22_H23)

Bear Market Rally (-75) - XW.U22_H23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on XW.U22_H23 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid XW.U22_H23?

MarketClub looks at technical strength and momentum to determine if the timing is right for XW.U22_H23.

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

CBOT_XW.U22_H23
Open High Low XW.U22_H23 Price Change
-31.50 -30.00 -31.50 -32.75 -2.75
Entry Signal

MarketClub’s Trade Triangles for XW.U22_H23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for XW.U22_H23

Based on our trend formula, XW.U22_H23 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for XW.U22_H23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-31.50 -30.00 -31.50 -32.75 -2.75
Prev. Close Volume Bid Ask Time
-30.00 2 2022-08-17 10:14:17
Open Time20:00Close Time14:45
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