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Prepared for you on Wednesday, August 10, 2022.

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

Strong Downtrend (-100) - @[email protected] is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @[email protected] continues to fall. 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.N23
Open High Low @[email protected] Price Change
-38.5 -38.5 -38.5 -43.0 -4.5
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 -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for @MW.U22-@MW.N23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-38.5 -38.5 -38.5 -43.0 -4.5
Prev. Close Volume Bid Ask Time
-38.5 0 -43.0 2022-08-05 14:29:55
52wk High6052wk High Date2022-05-20
52wk Low-45.0000000052wk Low Date2022-08-04
Expiration2022-09-14
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