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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.
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MarketClub’s Trade Triangles for XW.N23
The long-term trend has been DOWN since Jul 1st, 2022 at 892.000
The intermediate-term trend has been DOWN since Jun 1st, 2022 at 1030.000
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).
| 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 |
| Expiration | 2023-07-14 | Open Time | 20:00 |
| Close Time | 14:45 |