A representation of what an asset is worth today and what the market thinks it will be worth in the future.
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Frequently Asked Questions
The current price of MGEX-CBOT Wheat Intercommodity SO is 39'2 USD — it has risen 1.95% in the past 24 hours. Watch MGEX-CBOT Wheat Intercommodity SO price in more detail on the chart.
Track more important stats on the MGEX-CBOT Wheat Intercommodity SO chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For MGEX-CBOT Wheat Intercommodity SO this number is 0. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for MGEX-CBOT Wheat Intercommodity SO shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for MGEX-CBOT Wheat Intercommodity SO. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of MGEX-CBOT Wheat Intercommodity SO technicals for a more comprehensive analysis.