Analyze Symbol

Future Trend Analysis Report

Prepared for you on Saturday, April 21, 2018.

HARD RED SPRING WHEAT Sep 2018 (E) (MGEX:MWE.U18.E)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.U18.E
Open High Low MWE.U18.E Price Change
619.75 619.75 611.25 611.50 -12.50
Entry Signal

MarketClub’s Trade Triangles for MWE.U18.E

long term down The long term trend has been DOWN since Mar 19th, 2018 at 616.25

intermediate term up The intermediate term trend has been UP since Apr 9th, 2018 at 625.25

short term down The short term trend has been DOWN since Apr 20th, 2018 at 619.50

Smart Scan Analysis for MWE.U18.E

Based on a pre-defined weighted trend formula for chart analysis, MWE.U18.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for MWE.U18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
619.75 619.75 611.25 611.50 -12.50
Prev. Close Volume Bid Ask Time
611.75 923 2018-04-20 14:32:40
Contract High689Contract High Date2017-07-05
Contract Low581Contract Low Date2017-03-31
Estimated Volume1234First Delivery2018-10-09
Expiration2018-09-14Open Time20:00
Close Time14:30
Want to analyze HARD RED SPRING WHEAT Sep 2018 (E) MWE.U18.E or another symbol? Try our Free Future Trend Analysis Report.