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Future Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

HARD RED SPRING WHEAT Jul 2019 (E) (MGEX:MWE.N19.E)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.N19.E
Open High Low MWE.N19.E Price Change
611.00 611.00 611.00 611.00 -0.75
Entry Signal

MarketClub’s Trade Triangles for MWE.N19.E

long term down The long term trend has been DOWN since Jun 15th, 2018 at 628.25

intermediate term down The intermediate term trend has been DOWN since Aug 22nd, 2018 at 629.25

short term up The short term trend has been UP since Sep 17th, 2018 at 609.00

Smart Scan Analysis for MWE.N19.E

Based on a pre-defined weighted trend formula for chart analysis, MWE.N19.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for MWE.N19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
611.00 611.00 611.00 611.00 -0.75
Prev. Close Volume Bid Ask Time
610.75 1 2018-09-23 20:00:00
Contract High675Contract High Date2018-05-28
Contract Low581Contract Low Date2018-07-02
Estimated Volume82First Delivery2019-08-09
Expiration2019-07-12Open Time20:00
Close Time14:30
Want to analyze HARD RED SPRING WHEAT Jul 2019 (E) MWE.N19.E or another symbol? Try our Free Future Trend Analysis Report.