Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
WHEAT May 2024 (CBOT:ZW.K24)
Bear Market Rally (-75) - ZW.K24 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZW.K24 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ZW.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ZW.K24
The long-term trend has been DOWN since Aug 31st, 2023 at 642.25
The intermediate-term trend has been DOWN since Aug 14th, 2023 at 692.00
The short-term trend has been UP since Sep 25th, 2023 at 625.75
Smart Scan Analysis for ZW.K24
Based on our trend formula, ZW.K24 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 620.75 | 633.50 | 618.00 | 632.75 | +9.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 623.25 | 5954 | 2023-09-25 14:19:55 |
| Expiration | 2024-05-14 | Open Time | 20:00 |
| Close Time | 14:20 |