Future Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
WHEAT (MINI) Dec 2021 (CBOT:XW.Z21)
Long-Term Uptrend (+90) - XW.Z21 is in a strong uptrend that is likely to continue. While XW.Z21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid XW.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XW.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XW.Z21
The long-term trend has been UP since Jul 15th, 2020 at 549.375
The intermediate-term trend has been UP since Oct 1st, 2021 at 732.250
The short-term trend has been UP since Oct 15th, 2021 at 737.750
Smart Scan Analysis for XW.Z21
Based on our trend formula, XW.Z21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).