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Future Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

WHEAT (MINI) Sep 2022 (CBOT:XW.U22)

Long-Term Downtrend (-90) - XW.U22 is in a strong downtrend that is likely to continue. While XW.U22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid XW.U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for XW.U22.

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

CBOT_XW.U22
Open High Low XW.U22 Price Change
807.000 824.375 801.000 821.000 +14.000
Entry Signal

MarketClub’s Trade Triangles for XW.U22

long term down The long-term trend has been DOWN since Jun 23rd, 2022 at 948.0

intermediate term down The intermediate-term trend has been DOWN since Jun 1st, 2022 at 1095.0

short term down The short-term trend has been DOWN since Jun 17th, 2022 at 1052.5

Smart Scan Analysis for XW.U22

Based on our trend formula, XW.U22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for XW.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
807.000 824.375 801.000 821.000 +14.000
Prev. Close Volume Bid Ask Time
812.500 283 2022-07-06 05:44:01
Expiration2022-09-14Open Time20:00
Close Time14:45
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