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Prepared for you on Monday, July 6, 2020.

HARD RED SPRING WHEAT SEP 20/MAR 21 (MGEX:@MW.U20-@MW.H21)

Long-Term Downtrend (-90) - @MW.U20-@MW.H21 is in a strong downtrend that is likely to continue. While @MW.U20-@MW.H21 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.U20-@MW.H21?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.U20-@MW.H21.

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

MGEX_@MW.U20-@MW.H21
Open High Low @MW.U20-@MW.H21 Price Change
-27.50 -27.25 -27.50 -27.25 +0.25
Entry Signal

MarketClub’s Trade Triangles for @MW.U20-@MW.H21

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.U20-@MW.H21

Based on our trend formula, @MW.U20-@MW.H21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @MW.U20-@MW.H21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-27.50 -27.25 -27.50 -27.25 +0.25
Prev. Close Volume Bid Ask Time
-27.50 4 -27.00 -26.50 2020-07-05 22:42:54
52wk High-1952wk High Date2020-03-25
52wk Low-30.2552wk Low Date2020-03-16
Expiration2020-09-14
Get a free daily analysis and signals for HARD RED SPRING WHEAT SEP 20/MAR 21 (@MW.U20-@MW.H21) - Request Your Free Report.