Future Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
WHEAT (MINI) May 2021 (CBOT:XW.K21)
Strong Uptrend (+100) - XW.K21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, XW.K21 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.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XW.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XW.K21
The long-term trend has been UP since Sep 1st, 2020 at 546.50
The intermediate-term trend has been UP since Apr 14th, 2021 at 646.75
The short-term trend has been UP since Mar 31st, 2021 at 616.50
Smart Scan Analysis for XW.K21
Based on our trend formula, XW.K21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).