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Future Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

WHEAT (MINI) May 2022 (CBOT:XW.K22)

Countertrend Up (+85) - XW.K22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid XW.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for XW.K22.

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

CBOT_XW.K22
Open High Low XW.K22 Price Change
762.000 770.500 762.000 769.750 +13.875
Entry Signal

MarketClub’s Trade Triangles for XW.K22

long term up The long-term trend has been UP since Jul 16th, 2021 at 705.000

intermediate term up The intermediate-term trend has been UP since Sep 30th, 2021 at 734.875

short term up The short-term trend has been UP since Oct 19th, 2021 at 752.500

Smart Scan Analysis for XW.K22

Based on our trend formula, XW.K22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for XW.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
762.000 770.500 762.000 769.750 +13.875
Prev. Close Volume Bid Ask Time
770.250 10 2021-10-22 13:48:15
Expiration2022-05-13Open Time20:00
Close Time14:45
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