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Future Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

HARD RED SPRING WHEAT DECEMBER 2019 (MGEX:@MW.Z19)

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.Z19
Open High Low @MW.Z19 Price Change
512.50 512.50 502.75 503.50 -9.25
Entry Signal

MarketClub’s Trade Triangles for @MW.Z19

long term down The long term trend has been DOWN since Aug 1st, 2019 at 529.50

intermediate term down The intermediate term trend has been DOWN since Oct 28th, 2019 at 531.25

short term down The short term trend has been DOWN since Nov 6th, 2019 at 524.00

Smart Scan Analysis for @MW.Z19

Based on a pre-defined weighted trend formula for chart analysis, @MW.Z19 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for @MW.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
512.50 512.50 502.75 503.50 -9.25
Prev. Close Volume Bid Ask Time
512.75 3785 503.50 503.75 2019-11-15 14:29:56
52wk High67352wk High Date2018-08-07
52wk Low486.552wk Low Date2019-09-03
Volatility15.68Expiration2019-12-13
Want to analyze HARD RED SPRING WHEAT DECEMBER 2019 @MW.Z19 or another symbol? Try our Free Future Trend Analysis Report.