Futopt Trend Analysis Report
Prepared for you on Sunday, December 5, 2021.
HARD RED SPRING WHEAT MARCH 2022 CALL 10000 (MGEX:@MW.H22.10000C)
Long-Term Downtrend (-90) - @MW.H22.10000C is in a strong downtrend that is likely to continue. While @MW.H22.10000C is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @MW.H22.10000C?
MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.H22.10000C.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @MW.H22.10000C
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for @MW.H22.10000C
Based on our trend formula, @MW.H22.10000C is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||95||52wk High Date||2021-11-02|
|52wk Low||20||52wk Low Date||2021-09-14|