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Prepared for you on Saturday, August 13, 2022.

HARD RED SPRING WHEAT SEP 22/MAY 23 (MGEX:@[email protected])

Long-Term Downtrend (-90) - @[email protected] is in a strong downtrend that is likely to continue. While @[email protected] 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 @[email protected]?

MarketClub looks at technical strength and momentum to determine if the timing is right for @[email protected]

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

MGEX_@MW.U22-@MW.K23
Open High Low @[email protected] Price Change
-31.50 -31.50 -32.50 -32.50 +1
Entry Signal

MarketClub’s Trade Triangles for @[email protected]

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 @[email protected]

Based on our trend formula, @[email protected] is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @MW.U22-@MW.K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-31.50 -31.50 -32.50 -32.50 +1
Prev. Close Volume Bid Ask Time
-33.50 3 -29.00 2022-08-11 13:57:14
52wk High19.2552wk High Date2022-05-18
52wk Low-41.2500000052wk Low Date2022-08-08
Expiration2022-09-14
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