Analyze Symbol

Future Trend Analysis Report

Prepared for you on Friday, September 22, 2017.

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

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.Z18.E
Open High Low MWE.Z18.E Price Change
638.75 643.75 638.75 645.25 +3.25
Entry Signal

MarketClub’s Trade Triangles for MWE.Z18.E

long term up The long term trend has been UP since Feb 23rd, 2017 at 580.00

intermediate term down The intermediate term trend has been DOWN since Sep 19th, 2017 at 632.25

short term up The short term trend has been UP since Sep 21st, 2017 at 642.25

Smart Scan Analysis for MWE.Z18.E

Based on a pre-defined weighted trend formula for chart analysis, MWE.Z18.E scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for MWE.Z18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
638.75 643.75 638.75 645.25 +3.25
Prev. Close Volume Bid Ask Time
640.75 3 2017-09-21 14:32:34
Contract High689Contract High Date2017-07-03
Contract Low580Contract Low Date2017-02-07
Estimated Volume8First 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.