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Future Trend Analysis Report

Prepared for you on Wednesday, April 25, 2018.

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

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.Z18.E
Open High Low MWE.Z18.E Price Change
630.00 630.25 630.00 630.25 +3.50
Entry Signal

MarketClub’s Trade Triangles for MWE.Z18.E

long term up The long term trend has been UP since Apr 9th, 2018 at 653.25

intermediate term up The intermediate term trend has been UP since Apr 9th, 2018 at 635.50

short term up The short term trend has been UP since Apr 25th, 2018 at 622.00

Smart Scan Analysis for MWE.Z18.E

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

+100
Smart Scan Analysis for MWE.Z18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
630.00 630.25 630.00 630.25 +3.50
Prev. Close Volume Bid Ask Time
618 95 2018-04-25 22:35:40
Contract High689Contract High Date2017-07-03
Contract Low580Contract Low Date2017-02-07
Estimated Volume717First 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.