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Prepared for you on Saturday, December 4, 2021.

SOFT RED SPRING WHEAT INDEX NOVEMBER 2021 (MGEX:@IW.X21)

Bear Market Rally (-75) - @IW.X21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on @IW.X21 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid @IW.X21?

MarketClub looks at technical strength and momentum to determine if the timing is right for @IW.X21.

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

MGEX_@IW.X21
Open High Low @IW.X21 Price Change
794 794 794 794 0
Entry Signal

MarketClub’s Trade Triangles for @IW.X21

long term down The long-term trend has been DOWN since Oct 7th, 2021 at 712

intermediate term down The intermediate-term trend has been DOWN since Oct 7th, 2021 at 712

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for @IW.X21

Based on our trend formula, @IW.X21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for @IW.X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
794 794 794 794 0
Prev. Close Volume Bid Ask Time
794 0 2021-11-30 00:00:00
Volatility24.42Expiration2021-11-30
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