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Future Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

HARD RED SPRING WHEAT SEPTEMBER 2019 (MGEX:@MW.U19)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_@MW.U19
Open High Low @MW.U19 Price Change
505.50 506.00 504.75 505.00 -1.25
Entry Signal

MarketClub’s Trade Triangles for @MW.U19

long term down The long term trend has been DOWN since Aug 1st, 2019 at 515.25

intermediate term down The intermediate term trend has been DOWN since Jun 19th, 2019 at 551.00

short term down The short term trend has been DOWN since Aug 9th, 2019 at 520.25

Smart Scan Analysis for @MW.U19

Based on a pre-defined weighted trend formula for chart analysis, @MW.U19 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for @MW.U19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
505.50 506.00 504.75 505.00 -1.25
Prev. Close Volume Bid Ask Time
506.25 55 505.00 505.25 2019-08-18 21:16:56
52wk High201852wk Low502
52wk Low Date2019-08-13Volatility18.67
Expiration2019-09-13
Want to analyze HARD RED SPRING WHEAT SEPTEMBER 2019 @MW.U19 or another symbol? Try our Free Future Trend Analysis Report.