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Future Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

WHEAT (MINI) Jul 2023 (CBOT:XW.N23)

Strong Downtrend (-100) - XW.N23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, XW.N23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid XW.N23?

MarketClub looks at technical strength and momentum to determine if the timing is right for XW.N23.

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

CBOT_XW.N23
Open High Low XW.N23 Price Change
775.00 775.00 775.00 797.75 -6.00
Entry Signal

MarketClub’s Trade Triangles for XW.N23

long term down The long-term trend has been DOWN since Jul 1st, 2022 at 892.000

intermediate term down The intermediate-term trend has been DOWN since Jun 1st, 2022 at 1030.000

short term down The short-term trend has been DOWN since Aug 12th, 2022 at 831.375

Smart Scan Analysis for XW.N23

Based on our trend formula, XW.N23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for XW.N23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
775.00 775.00 775.00 797.75 -6.00
Prev. Close Volume Bid Ask Time
781.00 1 2022-08-19 10:01:03
Expiration2023-07-14Open Time20:00
Close Time14:45
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