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Futopt Trend Analysis Report

Prepared for you on Friday, June 18, 2021.

HARD RED SPRING WHEAT DECEMBER 2021 CALL 7600 (MGEX:@MW.Z21.7600C)

Strong Downtrend (-100) - @MW.Z21.7600C is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @MW.Z21.7600C?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.Z21.7600C.

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

MGEX_@MW.Z21.7600C
Open High Low @MW.Z21.7600C Price Change
82.5 82.5 82.5 82.5 0.0
Entry Signal

MarketClub’s Trade Triangles for @MW.Z21.7600C

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.Z21.7600C

Based on our trend formula, @MW.Z21.7600C is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for @MW.Z21.7600C
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
82.5 82.5 82.5 82.5 0.0
Prev. Close Volume Bid Ask Time
82.5 0 2021-06-17 00:00:00
Volatility0.38Strike Price760
Expiration2021-11-26
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