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Future Trend Analysis Report

Prepared for you on Tuesday, June 28, 2022.

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

Weak Downtrend (-65) - @MW.U22 is showing signs of a strengthening downtrend. Monitor @MW.U22 as it may be building momentum to the downside.

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
1045.50 1055.00 1035.75 1042.75 -1.75
Entry Signal

MarketClub’s Trade Triangles for @MW.U22

long term up The long-term trend has been UP since Mar 5th, 2021 at 625.00

intermediate term down The intermediate-term trend has been DOWN since Jun 1st, 2022 at 1200.00

short term down The short-term trend has been DOWN since Jun 17th, 2022 at 1191.75

Smart Scan Analysis for @MW.U22

Based on our trend formula, @MW.U22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for @MW.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1045.50 1055.00 1035.75 1042.75 -1.75
Prev. Close Volume Bid Ask Time
1044.50 11524 1035.25 1049.00 2022-06-28 14:29:56
52wk High1406.552wk High Date2022-05-16
52wk Low61552wk Low Date2021-02-26
Volatility36.82Expiration2022-09-14
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