Future Trend Analysis Report
Prepared for you on Saturday, June 19, 2021.
HARD RED WINTER WHEAT INDEX JUNE 2021 (MGEX:@IH.M21)
Strong Downtrend (-100) - @IH.M21 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 @IH.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @IH.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @IH.M21
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 @IH.M21
Based on our trend formula, @IH.M21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).