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Spread Trend Analysis Report

Prepared for you on Saturday, May 15, 2021.

WHEAT Jul 2021/May 2022 Spread (CBOT:ZW.N21_K22)

Long-Term Downtrend (-90) - ZW.N21_K22 is in a strong downtrend that is likely to continue. While ZW.N21_K22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ZW.N21_K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.N21_K22.

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CBOT_ZW.N21_K22
Open High Low ZW.N21_K22 Price Change
-0.75 3.50 -1.50 2.00 +3.00
Entry Signal

MarketClub’s Trade Triangles for ZW.N21_K22

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 ZW.N21_K22

Based on our trend formula, ZW.N21_K22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ZW.N21_K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.75 3.50 -1.50 2.00 +3.00
Prev. Close Volume Bid Ask Time
1.50 276 2021-05-14 14:18:19
Open Time20:00Close Time14:20
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