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Future Trend Analysis Report

Prepared for you on Friday, May 27, 2022.

WHEAT (MINI) Jul 2022 (CBOT:XW.N22)

Long-Term Uptrend (+90) - XW.N22 is in a strong uptrend that is likely to continue. While XW.N22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid XW.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for XW.N22.

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

CBOT_XW.N22
Open High Low XW.N22 Price Change
1144.375 1170.375 1133.000 1158.250 +15.000
Entry Signal

MarketClub’s Trade Triangles for XW.N22

long term up The long-term trend has been UP since Aug 25th, 2020 at 532.125

intermediate term up The intermediate-term trend has been UP since May 12th, 2022 at 1139.500

short term up The short-term trend has been UP since May 27th, 2022 at 1157.375

Smart Scan Analysis for XW.N22

Based on our trend formula, XW.N22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for XW.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1144.375 1170.375 1133.000 1158.250 +15.000
Prev. Close Volume Bid Ask Time
1144.125 1008 2022-05-27 14:42:34
Expiration2022-07-14Open Time20:00
Close Time14:45
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