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Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

S&P GSCI Grains TR (CME:SPGSGRTR)

Strong Downtrend (-100) - SPGSGRTR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPGSGRTR continues to fall. Traders should use caution and set stops.

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

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

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

CME_SPGSGRTR
Open High Low SPGSGRTR Price Change
278.34 278.52 275.69 275.95 -2.41
Entry Signal

MarketClub’s Trade Triangles for SPGSGRTR

long term down The long-term trend has been DOWN since Sep 12th, 2023 at 319.33

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 277.75

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 279.46

Smart Scan Analysis for SPGSGRTR

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

-100
Smart Scan Analysis for SPGSGRTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
278.34 278.52 275.69 275.95 -2.41
Prev. Close Volume Bid Ask Time
278.36 0 2024-04-18 19:56:00
52wk High267.168352wk High Date2018-05-29
52wk Low215.502352wk Low Date2018-09-18
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