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Future Trend Analysis Report

Prepared for you on Wednesday, September 28, 2022.

SOFT RED SPRING WHEAT INDEX SEPTEMBER 2022 (MGEX:@IW.U22)

Bear Market Rally (-75) - @IW.U22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on @IW.U22 as it may be in the beginning of a reversal.

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

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

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

MGEX_@IW.U22
Open High Low @IW.U22 Price Change
818 818 818 818 0
Entry Signal

MarketClub’s Trade Triangles for @IW.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 @IW.U22

Based on our trend formula, @IW.U22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for @IW.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
818 818 818 818 0
Prev. Close Volume Bid Ask Time
818 0 2022-09-27 00:00:00
Volatility43.49Expiration2022-09-30
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