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Index Trend Analysis Report

Prepared for you on Tuesday, May 21, 2019.

NATIONAL CORN INDEX (MGEX:IC)

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_IC
Open High Low IC Price Change
363.15 363.15 363.15 363.15 +5.36
Entry Signal

MarketClub’s Trade Triangles for IC

long term up The long term trend has been UP since May 17th, 2019 at 352.05

intermediate term up The intermediate term trend has been UP since May 2nd, 2019 at 339.88

short term up The short term trend has been UP since May 15th, 2019 at 331.40

Smart Scan Analysis for IC

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

+100
Smart Scan Analysis for IC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
363.15 363.15 363.15 363.15 +5.36
Prev. Close Volume Bid Ask Time
357.79 0 0.00 0.00 2019-05-21 08:09:22
52wk High201852wk High Date2018-07-31
52wk Low299.7152wk Low Date2018-09-19
Open Time20:00Close Time14:45
Want to analyze NATIONAL CORN INDEX IC or another symbol? Try our Free Index Trend Analysis Report.