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Future Trend Analysis Report

Prepared for you on Saturday, October 1, 2022.

HARD RED SPRING WHEAT INDEX SEPTEMBER 2022 (MGEX:@IP.U22)

Weak Downtrend (-65) - @IP.U22 is showing signs of a strengthening downtrend. Monitor @IP.U22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid @IP.U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for @IP.U22.

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

MGEX_@IP.U22
Open High Low @IP.U22 Price Change
1049 1049 1049 1049 0
Entry Signal

MarketClub’s Trade Triangles for @IP.U22

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.U22

Based on our trend formula, @IP.U22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for @IP.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1049 1049 1049 1049 0
Prev. Close Volume Bid Ask Time
1041 0 2022-09-29 00:00:00
Volatility27.36Expiration2022-09-30
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