Future Trend Analysis Report
Prepared for you on Monday, April 22, 2019.
WHEAT (MINI) Dec 2019 (CBOT:XW.Z19)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.Z19
The long term trend has been DOWN since Nov 9th, 2018 at 556.000
The intermediate term trend has been DOWN since Jan 31st, 2019 at 552.875
The short term trend has been DOWN since Mar 28th, 2019 at 496.750
Smart Scan Analysis for XW.Z19
Based on a pre-defined weighted trend formula for chart analysis, XW.Z19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||20:00||Close Time||14:45|