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Future Trend Analysis Report

Prepared for you on Wednesday, August 15, 2018.

HARD RED SPRING WHEAT Mar 2019 (E) (MGEX:MWE.H19.E)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

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.H19.E
Open High Low MWE.H19.E Price Change
627.0 627.0 627.0 628.5 -1.5
Entry Signal

MarketClub’s Trade Triangles for MWE.H19.E

long term up The long term trend has been UP since Aug 7th, 2018 at 667.00

intermediate term up The intermediate term trend has been UP since Jul 23rd, 2018 at 591.25

short term down The short term trend has been DOWN since Aug 10th, 2018 at 650.75

Smart Scan Analysis for MWE.H19.E

Based on a pre-defined weighted trend formula for chart analysis, MWE.H19.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for MWE.H19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
627.0 627.0 627.0 628.5 -1.5
Prev. Close Volume Bid Ask Time
627.2 4 2018-08-14 14:31:03
Contract High682Contract High Date2017-07-12
Contract Low559Contract Low Date2018-07-12
Estimated Volume1423First Delivery2019-04-09
Expiration2019-03-14Open Time20:00
Close Time14:30
Want to analyze HARD RED SPRING WHEAT Mar 2019 (E) MWE.H19.E or another symbol? Try our Free Future Trend Analysis Report.