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Future Trend Analysis Report

Prepared for you on Thursday, May 26, 2022.

SOFT RED SPRING WHEAT INDEX MAY 2022 (MGEX:@IW.K22)

Bear Market Rally (-75) - @IW.K22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on @IW.K22 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid @IW.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for @IW.K22.

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

MGEX_@IW.K22
Open High Low @IW.K22 Price Change
1106 1106 1106 1106 0
Entry Signal

MarketClub’s Trade Triangles for @IW.K22

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 @IW.K22

Based on our trend formula, @IW.K22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for @IW.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1106 1106 1106 1106 0
Prev. Close Volume Bid Ask Time
1106 0 2022-05-25 00:00:00
Volatility27.04Expiration2022-05-31
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