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Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
S&P GSCI Soybeans TR (CME:SPGSSOTR)
Bear Market Rally (-75) - SPGSSOTR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSSOTR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SPGSSOTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSSOTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPGSSOTR
The long-term trend has been DOWN since Oct 2nd, 2023 at 6785.80
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 6205.24
The short-term trend has been UP since Apr 21st, 2024 at 6141.16
Smart Scan Analysis for SPGSSOTR
Based on our trend formula, SPGSSOTR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6205.81 | 6207.13 | 6166.37 | 6188.72 | -18.41 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6207.13 | 0 | 2024-04-26 11:15:00 |
| 52wk High | 4609.802 | 52wk High Date | 2018-03-02 |
| 52wk Low | 3386.417 | 52wk Low Date | 2018-09-18 |