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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.
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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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25 | 25 | 25 | 25 | 0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 28 | 0 | 2021-10-14 00:00:00 |
| Volatility | 433.39 | Expiration | 2021-11-26 |