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Future Trend Analysis Report

Prepared for you on Friday, October 18, 2019.

WHEAT (MINI) Dec 2019 (CBOT:XW.Z19)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

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.

Open High Low XW.Z19 Price Change
525.500 526.125 521.625 521.625 -3.875
Entry Signal

MarketClub’s Trade Triangles for XW.Z19

long term down The long term trend has been DOWN since Sep 3rd, 2019 at 459.375

intermediate term up The intermediate term trend has been UP since Sep 10th, 2019 at 478.250

short term up The short term trend has been UP since Oct 11th, 2019 at 504.250

Smart Scan Analysis for XW.Z19

Based on a pre-defined weighted trend formula for chart analysis, XW.Z19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for XW.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
525.500 526.125 521.625 521.625 -3.875
Prev. Close Volume Bid Ask Time
489.000 49 2019-10-18 05:40:53
First Delivery2020-01-03Expiration2019-12-13
Open Time20:00Close Time14:45
Want to analyze WHEAT (MINI) Dec 2019 XW.Z19 or another symbol? Try our Free Future Trend Analysis Report.