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Index Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

S&P GSCI Biofuel TR (CME:SPGSBFTR)

Bull Market Weakness (+75) - SPGSBFTR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGSBFTR as it may be in the beginning stages of a reversal.

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

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

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

CME_SPGSBFTR
Open High Low SPGSBFTR Price Change
85.609 85.618 85.483 85.610 +0.022
Entry Signal

MarketClub’s Trade Triangles for SPGSBFTR

long term down The long-term trend has been DOWN since Dec 1st, 2023 at 94.313

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2024 at 85.091

short term up The short-term trend has been UP since Mar 7th, 2024 at 82.710

Smart Scan Analysis for SPGSBFTR

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

+70
Smart Scan Analysis for SPGSBFTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
85.609 85.618 85.483 85.610 +0.022
Prev. Close Volume Bid Ask Time
85.588 0 2024-03-19 02:35:00
52wk High58.87452wk High Date2017-11-30
52wk Low46.424752wk Low Date2018-09-18
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