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Future Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

HARD RED SPRING WHEAT SEPTEMBER 2021 (MGEX:@MW.U21)

Strong Uptrend (+100) - @MW.U21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, @MW.U21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid @MW.U21?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.U21.

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

MGEX_@MW.U21
Open High Low @MW.U21 Price Change
786.50 793.50 783.50 785.00 -2.00
Entry Signal

MarketClub’s Trade Triangles for @MW.U21

long term up The long-term trend has been UP since Aug 31st, 2020 at 576.00

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2021 at 653.50

short term up The short-term trend has been UP since May 3rd, 2021 at 769.75

Smart Scan Analysis for @MW.U21

Based on our trend formula, @MW.U21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for @MW.U21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
786.50 793.50 783.50 785.00 -2.00
Prev. Close Volume Bid Ask Time
795.00 518 784.75 786.00 2021-05-06 08:34:13
52wk High796.7552wk High Date2021-05-06
52wk Low55052wk Low Date2020-08-12
Volatility20.49Expiration2021-09-14
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