Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

HARD RED SPRING WHEAT Sep 2019 (E) (MGEX:MWE.U19.E)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.U19.E
Open High Low MWE.U19.E Price Change
614.75 615.00 614.75 612.75 -4.25
Entry Signal

MarketClub’s Trade Triangles for MWE.U19.E

long term up The long term trend has been UP since Aug 2nd, 2018 at 659

intermediate term up The intermediate term trend has been UP since Oct 2nd, 2018 at 621

short term down The short term trend has been DOWN since Oct 18th, 2018 at 615

Smart Scan Analysis for MWE.U19.E

Based on a pre-defined weighted trend formula for chart analysis, MWE.U19.E scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for MWE.U19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
614.75 615.00 614.75 612.75 -4.25
Prev. Close Volume Bid Ask Time
615.5 2 2018-10-22 10:58:01
Contract High665Contract High Date2018-08-07
Contract Low590.25Contract Low Date2018-07-02
Estimated Volume81First Delivery2019-10-09
Expiration2019-09-13Open Time20:00
Close Time14:30
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