Future Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
MGEX HRSW CSO DEC - SEP SYNTHETIC DECEMBER 2021 (MGEX:@MY9.Z21)
Crossroads (+60) - @MY9.Z21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @MY9.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @MY9.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @MY9.Z21
The long-term trend has been UP since Apr 26th, 2021 at 55.00
The intermediate-term trend has been DOWN since Sep 9th, 2021 at 119.25
The short-term trend has been DOWN since Sep 30th, 2021 at 123.75
Smart Scan Analysis for @MY9.Z21
Based on our trend formula, @MY9.Z21 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).