Future Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
WHEAT Sep 2019 (CBOT:ZW.U19)
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 ZW.U19
The long term trend has been DOWN since Nov 9th, 2018 at 539.00
The intermediate term trend has been DOWN since Feb 8th, 2019 at 529.00
The short term trend has been DOWN since Feb 14th, 2019 at 528.75
Smart Scan Analysis for ZW.U19
Based on a pre-defined weighted trend formula for chart analysis, ZW.U19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||20:00||Close Time||14:20|