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Future Trend Analysis Report

Prepared for you on Monday, June 5, 2023.

WHEAT Dec 2024 (CBOT:ZW.Z24)

Sidelines Mode (-55) - ZW.Z24 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ZW.Z24?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.Z24.

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

Open High Low ZW.Z24 Price Change
704.50 712.75 699.75 707.75 +1.50
Entry Signal

MarketClub’s Trade Triangles for ZW.Z24

long term down The long-term trend has been DOWN since Dec 6th, 2022 at 850.00

intermediate term down The intermediate-term trend has been DOWN since Apr 21st, 2023 at 713.25

short term up The short-term trend has been UP since Jun 2nd, 2023 at 690.75

Smart Scan Analysis for ZW.Z24

Based on our trend formula, ZW.Z24 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for ZW.Z24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
704.50 712.75 699.75 707.75 +1.50
Prev. Close Volume Bid Ask Time
704.50 74 2023-06-05 13:46:30
Expiration2024-12-13Open Time20:00
Close Time14:20
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