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Future Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

MGEX HRSW CSO DEC - JUL SYNTHETIC DECEMBER 2023 (MGEX:@MY8.Z23)

Strong Downtrend (-100) - @MY8.Z23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @MY8.Z23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @MY8.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MY8.Z23.

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

MGEX_@MY8.Z23
Open High Low @MY8.Z23 Price Change
10.25 10.25 10.25 10.25 0.00
Entry Signal

MarketClub’s Trade Triangles for @MY8.Z23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for @MY8.Z23

Based on our trend formula, @MY8.Z23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for @MY8.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.25 10.25 10.25 10.25 0.00
Prev. Close Volume Bid Ask Time
5.25 0 2023-03-21 00:00:00
Volatility1163.78Expiration2023-11-24
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