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Index Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

S&P Global Agribusiness Equity Index (CME:SPAGREDP)

Strong Downtrend (-100) - SPAGREDP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPAGREDP continues to fall. Traders should use caution and set stops.

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

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

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

CME_SPAGREDP
Open High Low SPAGREDP Price Change
5794.96 5855.36 5780.80 5817.56 +24.18
Entry Signal

MarketClub’s Trade Triangles for SPAGREDP

long term down The long-term trend has been DOWN since Mar 10th, 2023 at 6035.61

intermediate term down The intermediate-term trend has been DOWN since Feb 7th, 2023 at 6198.83

short term down The short-term trend has been DOWN since Mar 24th, 2023 at 5724.25

Smart Scan Analysis for SPAGREDP

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

-100
Smart Scan Analysis for SPAGREDP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5794.96 5855.36 5780.80 5817.56 +24.18
Prev. Close Volume Bid Ask Time
5793.38 0 2023-03-28 16:18:55
52wk High503152wk High Date2018-01-26
52wk Low4242.8352wk Low Date2018-10-26
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