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Future Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

HARD RED SPRING WHEAT MARCH 2021 (MGEX:@MW.H21)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_@MW.H21
Open High Low @MW.H21 Price Change
602.0 605.0 602.0 604.0 +5.5
Entry Signal

MarketClub’s Trade Triangles for @MW.H21

long term up The long term trend has been UP since Jan 2nd, 2020 at 609.00

intermediate term up The intermediate term trend has been UP since Dec 16th, 2019 at 571.75

short term down The short term trend has been DOWN since Jan 10th, 2020 at 604.75

Smart Scan Analysis for @MW.H21

Based on a pre-defined weighted trend formula for chart analysis, @MW.H21 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for @MW.H21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
602.0 605.0 602.0 604.0 +5.5
Prev. Close Volume Bid Ask Time
598.5 19 580.0 608.0 2020-01-17 12:51:43
52wk High61152wk High Date2019-09-26
52wk Low56452wk Low Date2019-09-03
Volatility10.37Expiration2021-03-12
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