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Future Trend Analysis Report

Prepared for you on Saturday, January 20, 2018.

HARD RED SPRING WHEAT Dec 2018 (E) (MGEX:MWE.Z18.E)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.Z18.E
Open High Low MWE.Z18.E Price Change
634.75 637.00 631.00 631.25 -3.50
Entry Signal

MarketClub’s Trade Triangles for MWE.Z18.E

long term down The long term trend has been DOWN since Dec 11th, 2017 at 632.0

intermediate term up The intermediate term trend has been UP since Jan 10th, 2018 at 639.0

short term down The short term trend has been DOWN since Jan 12th, 2018 at 630.5

Smart Scan Analysis for MWE.Z18.E

Based on a pre-defined weighted trend formula for chart analysis, MWE.Z18.E scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for MWE.Z18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
634.75 637.00 631.00 631.25 -3.50
Prev. Close Volume Bid Ask Time
632.25 130 2018-01-19 14:33:05
Contract High689Contract High Date2017-07-03
Contract Low580Contract Low Date2017-02-07
Estimated Volume72First Delivery2019-01-10
Expiration2018-12-14Open Time20:00
Close Time14:30
Want to analyze HARD RED SPRING WHEAT Dec 2018 (E) MWE.Z18.E or another symbol? Try our Free Future Trend Analysis Report.