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