Index Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
S&P GSCI Agriculture (CME:SPGSAG)
Bull Market Weakness (+75) - SPGSAG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGSAG as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPGSAG?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSAG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSAG
The long-term trend has been DOWN since Jul 9th, 2021 at 381.69
The intermediate-term trend has been UP since Sep 27th, 2021 at 413.29
The short-term trend has been UP since Oct 19th, 2021 at 416.77
Smart Scan Analysis for SPGSAG
Based on our trend formula, SPGSAG is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||320.9996||52wk High Date||2018-05-29|
|52wk Low||272.5345||52wk Low Date||2018-07-12|