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Future Trend Analysis Report

Prepared for you on Friday, January 17, 2020.

HARD RED SPRING WHEAT SEPTEMBER 2020 (MGEX:@MW.U20)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.U20
Open High Low @MW.U20 Price Change
577.75 577.75 577.75 577.75 -1.25
Entry Signal

MarketClub’s Trade Triangles for @MW.U20

long term down The long term trend has been DOWN since Aug 1st, 2019 at 573.00

intermediate term up The intermediate term trend has been UP since Dec 12th, 2019 at 546.25

short term down The short term trend has been DOWN since Jan 7th, 2020 at 574.00

Smart Scan Analysis for @MW.U20

Based on a pre-defined weighted trend formula for chart analysis, @MW.U20 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for @MW.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
577.75 577.75 577.75 577.75 -1.25
Prev. Close Volume Bid Ask Time
579.25 6 578.00 579.75 2020-01-14 20:35:54
52wk High60852wk High Date2019-06-03
52wk Low53352wk Low Date2019-09-03
Volatility11.94Expiration2020-09-14
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