Future Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
HARD RED SPRING WHEAT INDEX NOVEMBER 2021 (MGEX:@IP.X21)
Bull Market Weakness (+75) - @IP.X21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @IP.X21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @IP.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @IP.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @IP.X21
The long-term trend has been UP since Oct 5th, 2021 at 935
The intermediate-term trend has been UP since Oct 5th, 2021 at 935
The short-term trend has been DOWN since at
Smart Scan Analysis for @IP.X21
Based on our trend formula, @IP.X21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).