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Future Trend Analysis Report

Prepared for you on Saturday, December 4, 2021.

HARD RED SPRING WHEAT DECEMBER 2021 (MGEX:@MW.Z21)

Weak Uptrend (+65) - @MW.Z21 is showing signs of weakening momentum to the upside. Monitor @MW.Z21 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid @MW.Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.Z21.

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

MGEX_@MW.Z21
Open High Low @MW.Z21 Price Change
1050.00 1059.50 1042.00 1042.00 -19.00
Entry Signal

MarketClub’s Trade Triangles for @MW.Z21

long term up The long-term trend has been UP since Aug 31st, 2020 at 583.00

intermediate term down The intermediate-term trend has been DOWN since Nov 16th, 2021 at 1005.00

short term up The short-term trend has been UP since Nov 28th, 2021 at 1047.75

Smart Scan Analysis for @MW.Z21

Based on our trend formula, @MW.Z21 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for @MW.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1050.00 1059.50 1042.00 1042.00 -19.00
Prev. Close Volume Bid Ask Time
1061.00 14 1008.25 1080.00 2021-12-03 13:34:20
52wk High1086.552wk High Date2021-11-02
52wk Low56252wk Low Date2020-08-14
Volatility19.82Expiration2021-12-14
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