Future Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
MGEX HRSW CSO DEC - MAY SYNTHETIC DECEMBER 2021 (MGEX:@MY7.Z21)
Countertrend Up (+85) - @MY7.Z21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid @MY7.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @MY7.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @MY7.Z21
The long-term trend has been UP since Jun 3rd, 2021 at 5.00
The intermediate-term trend has been UP since Sep 24th, 2021 at 24.50
The short-term trend has been DOWN since Oct 1st, 2021 at 25.75
Smart Scan Analysis for @MY7.Z21
Based on our trend formula, @MY7.Z21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).