Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Saturday, May 18, 2024.
S&P GSCI Soybeans Dynamic Roll ER (CME:SPDYSOP)
Bull Market Weakness (+75) - SPDYSOP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPDYSOP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPDYSOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPDYSOP.
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 SPDYSOP
The long-term trend has been UP since May 6th, 2024 at 284.02
The intermediate-term trend has been UP since May 2nd, 2024 at 276.14
The short-term trend has been DOWN since May 16th, 2024 at 278.69
Smart Scan Analysis for SPDYSOP
Based on our trend formula, SPDYSOP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 280.32 | 281.66 | 279.33 | 279.97 | -0.35 |
| Prev. Close | Volume | Bid | Ask | Time |
| 279.97 | 0 | 2024-05-17 15:44:01 |