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Index Trend Analysis Report
Prepared for you on Saturday, April 27, 2024.
S&P GSCI Soybeans ER (CME:SPGSSOP)
Bear Market Rally (-75) - SPGSSOP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSSOP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SPGSSOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSSOP.
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 SPGSSOP
The long-term trend has been DOWN since Oct 2nd, 2023 at 584.56
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 521.53
The short-term trend has been UP since Apr 22nd, 2024 at 513.24
Smart Scan Analysis for SPGSSOP
Based on our trend formula, SPGSSOP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 518.07 | 518.18 | 514.78 | 516.75 | -1.43 |
| Prev. Close | Volume | Bid | Ask | Time |
| 516.86 | 0 | 2024-04-26 14:29:00 |
| 52wk High | 439.2203 | 52wk High Date | 2018-03-02 |
| 52wk Low | 319.267 | 52wk Low Date | 2018-09-18 |