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Future Trend Analysis Report

Prepared for you on Wednesday, June 28, 2017.

HARD RED SPRING WHEAT Jul 2017 (E) (MGEX:MWE.N17.E)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.

MGEX_MWE.N17.E
Open High Low MWE.N17.E Price Change
690.00 699.25 688.00 696.00 +14.50
Entry Signal

MarketClub’s Trade Triangles for MWE.N17.E

long term up The long term trend has been UP since Jun 1st, 2017 at 574.00

intermediate term up The intermediate term trend has been UP since Apr 27th, 2017 at 553.50

short term up The short term trend has been UP since Jun 13th, 2017 at 614.75

Smart Scan Analysis for MWE.N17.E

Based on a pre-defined weighted trend formula for chart analysis, MWE.N17.E scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for MWE.N17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
690.00 699.25 688.00 696.00 +14.50
Prev. Close Volume Bid Ask Time
684.75 679 2017-06-28 09:37:27
Contract High688Contract High Date2017-06-27
Contract Low513.25Contract Low Date2016-08-31
Estimated Volume472First Delivery2017-08-09
Expiration2017-07-14Open Time20:00
Close Time14:30
Want to analyze HARD RED SPRING WHEAT Jul 2017 (E) MWE.N17.E or another symbol? Try our Free Future Trend Analysis Report.