Analyze Symbol

Future Trend Analysis Report

Prepared for you on Friday, June 22, 2018.

HARD RED SPRING WHEAT Jul 2018 (E) (MGEX:MWE.N18.E)

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.

MGEX_MWE.N18.E
Open High Low MWE.N18.E Price Change
552.75 555.00 552.50 555.00 +2.25
Entry Signal

MarketClub’s Trade Triangles for MWE.N18.E

long term down The long term trend has been DOWN since Jun 14th, 2018 at 581.00

intermediate term down The intermediate term trend has been DOWN since Jun 4th, 2018 at 599.50

short term down The short term trend has been DOWN since Jun 8th, 2018 at 593.75

Smart Scan Analysis for MWE.N18.E

Based on a pre-defined weighted trend formula for chart analysis, MWE.N18.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for MWE.N18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
552.75 555.00 552.50 555.00 +2.25
Prev. Close Volume Bid Ask Time
552.5 138 2018-06-22 06:20:01
Contract High775.25Contract High Date2017-07-05
Contract Low541.75Contract Low Date2018-06-19
Estimated Volume2810First Delivery2018-08-09
Expiration2018-07-13Open Time20:00
Close Time14:30
Want to analyze HARD RED SPRING WHEAT Jul 2018 (E) MWE.N18.E or another symbol? Try our Free Future Trend Analysis Report.