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Index Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

S&P Global Agribusiness Composite Index USD (CME:SPAGRDP)

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

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

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

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

CME_SPAGRDP
Open High Low SPAGRDP Price Change
1305.44 1309.27 1294.05 1305.79 +3.75
Entry Signal

MarketClub’s Trade Triangles for SPAGRDP

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 1521.72

intermediate term up The intermediate-term trend has been UP since May 26th, 2020 at 1282.29

short term up The short-term trend has been UP since May 26th, 2020 at 1266.65

Smart Scan Analysis for SPAGRDP

Based on our trend formula, SPAGRDP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SPAGRDP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1305.44 1309.27 1294.05 1305.79 +3.75
Prev. Close Volume Bid Ask Time
1270.81 0 2020-06-01 13:16:14
52wk High1775.5852wk High Date2018-01-29
52wk Low1570.3552wk Low Date2018-11-27
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