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Index Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

NATIONAL CORN INDEX (MGEX:IC)

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

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

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

MGEX_IC
Open High Low IC Price Change
568.76 568.76 568.76 568.76 -0.76
Entry Signal

MarketClub’s Trade Triangles for IC

long term up The long-term trend has been UP since Nov 3rd, 2021 at 629.60

intermediate term up The intermediate-term trend has been UP since Oct 27th, 2021 at 522.34

short term up The short-term trend has been UP since Nov 11th, 2021 at 540.10

Smart Scan Analysis for IC

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

+100
Smart Scan Analysis for IC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
568.76 568.76 568.76 568.76 -0.76
Prev. Close Volume Bid Ask Time
569.52 0 2021-11-26 09:35:17
52wk High1210.0652wk High Date2021-11-03
52wk Low402.0552wk Low Date2020-12-02
Open Time20:00Close Time14:45
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