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Prepared for you on Thursday, July 9, 2020.

HARD RED SPRING WHEAT JUL 21/SEP 21 (MGEX:@MW.N21-@MW.U21)

Long-Term Downtrend (-90) - @MW.N21-@MW.U21 is in a strong downtrend that is likely to continue. While @MW.N21-@MW.U21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @MW.N21-@MW.U21?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.N21-@MW.U21.

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

MGEX_@MW.N21-@MW.U21
Open High Low @MW.N21-@MW.U21 Price Change
-4.75 -4.75 -4.75 -4.75 +1.00
Entry Signal

MarketClub’s Trade Triangles for @MW.N21-@MW.U21

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 @MW.N21-@MW.U21

Based on our trend formula, @MW.N21-@MW.U21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @MW.N21-@MW.U21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-4.75 -4.75 -4.75 -4.75 +1.00
Prev. Close Volume Bid Ask Time
-5.50 1 -6.75 -5.00 2020-07-07 09:39:48
52wk High-3.7552wk High Date2020-06-23
52wk Low-752wk Low Date2020-06-29
Expiration2021-07-14
Get a free daily analysis and signals for HARD RED SPRING WHEAT JUL 21/SEP 21 (@MW.N21-@MW.U21) - Request Your Free Report.