Future Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
HARD RED SPRING WHEAT Sep 2019 (E) (MGEX:MWE.U19.E)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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.U19.E
The long term trend has been DOWN since Jun 19th, 2018 at 614
The intermediate term trend has been DOWN since Jun 14th, 2018 at 637
The short term trend has been DOWN since Jun 11th, 2018 at 643
Smart Scan Analysis for MWE.U19.E
Based on a pre-defined weighted trend formula for chart analysis, MWE.U19.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||659||Contract High Date||2018-06-07|
|Contract Low||604.5||Contract Low Date||2018-06-19|
|Estimated Volume||17||First Delivery||2019-10-09|