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Future Trend Analysis Report

Prepared for you on Thursday, June 30, 2022.

HARD RED SPRING WHEAT INDEX JUNE 2022 (MGEX:@IP.M22)

Strong Downtrend (-100) - @IP.M22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @IP.M22 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @IP.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for @IP.M22.

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

MGEX_@IP.M22
Open High Low @IP.M22 Price Change
1398 1398 1398 1398 0
Entry Signal

MarketClub’s Trade Triangles for @IP.M22

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.M22

Based on our trend formula, @IP.M22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for @IP.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1398 1398 1398 1398 0
Prev. Close Volume Bid Ask Time
1301 0 2022-06-23 00:00:00
Volatility35.33Expiration2022-06-30
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