Future Trend Analysis Report
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.
MarketClub’s Trade Triangles for @IW.X21
The long-term trend has been DOWN since Oct 7th, 2021 at 712
The intermediate-term trend has been DOWN since Oct 7th, 2021 at 712
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).