Future Trend Analysis Report
Prepared for you on Wednesday, January 23, 2019.
WHEAT (MINI) Jul 2019 (CBOT:XW.N19)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for XW.N19
The long term trend has been DOWN since Nov 19th, 2018 at 526.25
The intermediate term trend has been UP since Jan 22nd, 2019 at 533.50
The short term trend has been UP since Jan 17th, 2019 at 527.00
Smart Scan Analysis for XW.N19
Based on a pre-defined weighted trend formula for chart analysis, XW.N19 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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