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Future Trend Analysis Report

Prepared for you on Monday, November 30, 2020.

HARD RED SPRING WHEAT INDEX NOVEMBER 2020 (MGEX:@IP.X20)

Strong Downtrend (-100) - @IP.X20 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 @IP.X20?

MarketClub looks at technical strength and momentum to determine if the timing is right for @IP.X20.

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

MGEX_@IP.X20
Open High Low @IP.X20 Price Change
531 531 531 531 0
Entry Signal

MarketClub’s Trade Triangles for @IP.X20

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.X20

Based on our trend formula, @IP.X20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for @IP.X20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
531 531 531 531 0
Prev. Close Volume Bid Ask Time
531 0 2020-11-27 00:00:00
Volatility16.61Expiration2020-11-30
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