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Future Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

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

MGEX_MWE.N18.E
Open High Low MWE.N18.E Price Change
640.75 642.75 640.25 641.75 -0.25
Entry Signal

MarketClub’s Trade Triangles for MWE.N18.E

long term up The long term trend has been UP since Apr 10th, 2018 at 642.50

intermediate term up The intermediate term trend has been UP since Apr 8th, 2018 at 618.75

short term up The short term trend has been UP since May 16th, 2018 at 608.00

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
640.75 642.75 640.25 641.75 -0.25
Prev. Close Volume Bid Ask Time
632 294 2018-05-24 01:30:32
Contract High775.25Contract High Date2017-07-05
Contract Low563Contract Low Date2016-12-07
Estimated Volume6031First 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.