Future Trend Analysis Report
Prepared for you on Tuesday, March 20, 2018.
HARD RED SPRING WHEAT Mar 2018 (E) (MGEX:MWE.H18.E)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.
MarketClub’s Trade Triangles for MWE.H18.E
The long term trend has been UP since Mar 13th, 2018 at 634.5
The intermediate term trend has been UP since Mar 5th, 2018 at 615.0
The short term trend has been UP since Mar 13th, 2018 at 625.5
Smart Scan Analysis for MWE.H18.E
Based on a pre-defined weighted trend formula for chart analysis, MWE.H18.E scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||816||Contract High Date||2017-07-05|
|Contract Low||555||Contract Low Date||2017-04-11|
|Estimated Volume||2||First Delivery||2018-04-10|