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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.

MGEX_MWE.U19.E
Open High Low MWE.U19.E Price Change
612.0 612.0 612.0 609.5 +2.5
Entry Signal

MarketClub’s Trade Triangles for MWE.U19.E

long term down The long term trend has been DOWN since Jun 19th, 2018 at 614

intermediate term down The intermediate term trend has been DOWN since Jun 14th, 2018 at 637

short term down 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).

-90
Smart Scan Analysis for MWE.U19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
612.0 612.0 612.0 609.5 +2.5
Prev. Close Volume Bid Ask Time
607 2 2018-06-19 14:31:06
Contract High659Contract High Date2018-06-07
Contract Low604.5Contract Low Date2018-06-19
Estimated Volume17First Delivery2019-10-09
Expiration2019-09-13Open Time20:00
Close Time14:30
Want to analyze HARD RED SPRING WHEAT Sep 2019 (E) MWE.U19.E or another symbol? Try our Free Future Trend Analysis Report.