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Future Trend Analysis Report

Prepared for you on Thursday, July 9, 2020.

HARD RED SPRING WHEAT MARCH 2021 (MGEX:@MW.H21)

Bear Market Rally (-75) - @MW.H21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on @MW.H21 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid @MW.H21?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.H21.

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

MGEX_@MW.H21
Open High Low @MW.H21 Price Change
549.75 549.75 549.75 549.50 -0.25
Entry Signal

MarketClub’s Trade Triangles for @MW.H21

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 566.00

intermediate term down The intermediate-term trend has been DOWN since Jun 23rd, 2020 at 550.00

short term up The short-term trend has been UP since Jul 1st, 2020 at 546.25

Smart Scan Analysis for @MW.H21

Based on our trend formula, @MW.H21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for @MW.H21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
549.75 549.75 549.75 549.50 -0.25
Prev. Close Volume Bid Ask Time
549.75 0 546.25 547.75 2020-07-08 14:19:34
52wk High61152wk High Date2019-09-26
52wk Low536.7552wk Low Date2020-06-29
Volatility12.7Expiration2021-03-12
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