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Index Trend Analysis Report

Prepared for you on Thursday, May 2, 2024.

S&P GSCI Sugar TR (CME:SPGSSBTR)

Bear Market Rally (-75) - SPGSSBTR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSSBTR as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid SPGSSBTR?

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

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

CME_SPGSSBTR
Open High Low SPGSSBTR Price Change
151.28 152.37 149.32 150.49 +0.25
Entry Signal

MarketClub’s Trade Triangles for SPGSSBTR

long term down The long-term trend has been DOWN since Dec 1st, 2023 at 182.00

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 161.46

short term up The short-term trend has been UP since Apr 29th, 2024 at 154.46

Smart Scan Analysis for SPGSSBTR

Based on our trend formula, SPGSSBTR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SPGSSBTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
151.28 152.37 149.32 150.49 +0.25
Prev. Close Volume Bid Ask Time
150.24 0 2024-05-02 15:48:00
52wk High111.584652wk High Date2018-01-03
52wk Low71.143552wk Low Date2018-08-22
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