Future Trend Analysis Report
Prepared for you on Wednesday, August 4, 2021.
MGEX-KCBT WHEAT ICSO SYNTHETIC DECEMBER 2021 (KCBT:@WMK.Z21)
Bear Market Rally (-75) - @WMK.Z21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on @WMK.Z21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid @WMK.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @WMK.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @WMK.Z21
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 @WMK.Z21
Based on our trend formula, @WMK.Z21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).