Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
HARD RED SPRING WHEAT INDEX OCTOBER 2021 (MGEX:@IP.V21)
Strong Uptrend (+100) - @IP.V21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, @IP.V21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid @IP.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @IP.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @IP.V21
The long-term trend has been UP since Oct 4th, 2021 at 924
The intermediate-term trend has been UP since Sep 27th, 2021 at 917
The short-term trend has been UP since Sep 16th, 2021 at 881
Smart Scan Analysis for @IP.V21
Based on our trend formula, @IP.V21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).