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Future Trend Analysis Report

Prepared for you on Saturday, October 23, 2021.

HARD RED SPRING WHEAT SEPTEMBER 2022 (MGEX:@MW.U22)

Strong Uptrend (+100) - @MW.U22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, @MW.U22 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.U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.U22.

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

MGEX_@MW.U22
Open High Low @MW.U22 Price Change
828.75 842.50 828.75 836.50 +7.75
Entry Signal

MarketClub’s Trade Triangles for @MW.U22

long term up The long-term trend has been UP since Mar 5th, 2021 at 625.0

intermediate term up The intermediate-term trend has been UP since Sep 15th, 2021 at 789.0

short term up The short-term trend has been UP since Oct 15th, 2021 at 825.5

Smart Scan Analysis for @MW.U22

Based on our trend formula, @MW.U22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for @MW.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
828.75 842.50 828.75 836.50 +7.75
Prev. Close Volume Bid Ask Time
828.75 537 800.75 845.00 2021-10-22 14:16:58
52wk High842.552wk High Date2021-10-22
52wk Low61552wk Low Date2021-02-26
Volatility17.58Expiration2022-09-14
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