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Futopt Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

HARD RED SPRING WHEAT MARCH 2022 CALL 11000 (MGEX:@MW.H22.11000C)

Long-Term Downtrend (-90) - @MW.H22.11000C is in a strong downtrend that is likely to continue. While @MW.H22.11000C 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.H22.11000C?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.H22.11000C.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

MGEX_@MW.H22.11000C
Open High Low @MW.H22.11000C Price Change
2.625 2.625 2.625 5.000 +2.375
Entry Signal

MarketClub’s Trade Triangles for @MW.H22.11000C

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for @MW.H22.11000C

Based on our trend formula, @MW.H22.11000C is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @MW.H22.11000C
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.625 2.625 2.625 5.000 +2.375
Prev. Close Volume Bid Ask Time
2.625 0 0.500 7.500 2022-01-25 08:06:14
52wk High61.87552wk High Date2021-11-02
52wk Low1.7552wk Low Date2022-01-13
Volatility0.39Strike Price1100
Expiration2022-02-18
Get a free daily analysis and signals for HARD RED SPRING WHEAT MARCH 2022 CALL 11000 (@MW.H22.11000C) - Request Your Free Report.