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Future Trend Analysis Report

Prepared for you on Monday, August 3, 2020.

WHEAT (MINI) Dec 2020 (CBOT:XW.Z20)

Crossroads (-60) - XW.Z20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid XW.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for XW.Z20.

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

CBOT_XW.Z20
Open High Low XW.Z20 Price Change
536.875 537.125 533.000 533.000 -5.750
Entry Signal

MarketClub’s Trade Triangles for XW.Z20

long term down The long-term trend has been DOWN since Mar 2nd, 2020 at 548.750

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2020 at 520.250

short term up The short-term trend has been UP since Jul 30th, 2020 at 538.375

Smart Scan Analysis for XW.Z20

Based on our trend formula, XW.Z20 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for XW.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
536.875 537.125 533.000 533.000 -5.750
Prev. Close Volume Bid Ask Time
517.250 10 2020-08-03 07:40:02
First Delivery2021-01-04Expiration2020-12-14
Open Time20:00Close Time14:45
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