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Prepared for you on Tuesday, July 7, 2020.

HARD RED SPRING WHEAT SEP 20/DEC 20 (MGEX:@MW.U20-@MW.Z20)

Long-Term Downtrend (-90) - @MW.U20-@MW.Z20 is in a strong downtrend that is likely to continue. While @MW.U20-@MW.Z20 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.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.U20-@MW.Z20.

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

MGEX_@MW.U20-@MW.Z20
Open High Low @MW.U20-@MW.Z20 Price Change
-13.50 -13.50 -13.50 -13.50 +0.25
Entry Signal

MarketClub’s Trade Triangles for @MW.U20-@MW.Z20

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.Z20

Based on our trend formula, @MW.U20-@MW.Z20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @MW.U20-@MW.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-13.50 -13.50 -13.50 -13.50 +0.25
Prev. Close Volume Bid Ask Time
-13.75 3 -13.75 -13.50 2020-07-07 20:24:31
52wk High-152wk High Date2019-05-23
52wk Low-1652wk Low Date2019-08-21
Expiration2020-09-14
Get a free daily analysis and signals for HARD RED SPRING WHEAT SEP 20/DEC 20 (@MW.U20-@MW.Z20) - Request Your Free Report.