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Future Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

HARD RED SPRING WHEAT MARCH 2022 (MGEX:@MW.H22)

Countertrend Down (-85) - @MW.H22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid @MW.H22?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.H22.

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

MGEX_@MW.H22
Open High Low @MW.H22 Price Change
943.25 947.00 929.50 929.50 -15.25
Entry Signal

MarketClub’s Trade Triangles for @MW.H22

long term down The long-term trend has been DOWN since Jan 13th, 2022 at 900.75

intermediate term down The intermediate-term trend has been DOWN since Dec 28th, 2021 at 1008.75

short term up The short-term trend has been UP since Jan 18th, 2022 at 895.50

Smart Scan Analysis for @MW.H22

Based on our trend formula, @MW.H22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for @MW.H22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
943.25 947.00 929.50 929.50 -15.25
Prev. Close Volume Bid Ask Time
944.75 2232 928.00 941.00 2022-01-21 14:29:57
52wk High1066.2552wk High Date2021-11-02
52wk Low583.2552wk Low Date2020-10-19
Volatility21.98Expiration2022-03-14
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