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Index Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

S&P GSCI Wheat Dynamic Roll ER (CME:SPDYWHP)

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

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

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

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

CME_SPDYWHP
Open High Low SPDYWHP Price Change
20.922 21.308 20.489 20.520 -0.410
Entry Signal

MarketClub’s Trade Triangles for SPDYWHP

long term up The long-term trend has been UP since May 6th, 2024 at 19.945

intermediate term up The intermediate-term trend has been UP since Apr 22nd, 2024 at 18.543

short term down The short-term trend has been DOWN since May 17th, 2024 at 20.693

Smart Scan Analysis for SPDYWHP

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

+75
Smart Scan Analysis for SPDYWHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.922 21.308 20.489 20.520 -0.410
Prev. Close Volume Bid Ask Time
20.930 0 2024-05-17 15:44:02
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