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Future Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

HARD RED SPRING WHEAT INDEX JANUARY 2022 (MGEX:@IP.F22)

Long-Term Downtrend (-90) - @IP.F22 is in a strong downtrend that is likely to continue. While @IP.F22 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 @IP.F22?

MarketClub looks at technical strength and momentum to determine if the timing is right for @IP.F22.

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

MGEX_@IP.F22
Open High Low @IP.F22 Price Change
932 932 932 932 0
Entry Signal

MarketClub’s Trade Triangles for @IP.F22

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 @IP.F22

Based on our trend formula, @IP.F22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @IP.F22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
932 932 932 932 0
Prev. Close Volume Bid Ask Time
932 0 2022-01-21 00:00:00
Volatility25.92Expiration2022-01-31
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