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Index Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

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

Long-Term Uptrend (+90) - SPAGREDP is in a strong uptrend that is likely to continue. While SPAGREDP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
5983.81 6030.93 5980.68 5993.30 +13.45
Entry Signal

MarketClub’s Trade Triangles for SPAGREDP

long term up The long-term trend has been UP since Oct 20th, 2021 at 5995.11

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2021 at 5862.19

short term up The short-term trend has been UP since Oct 14th, 2021 at 5900.66

Smart Scan Analysis for SPAGREDP

Based on our trend formula, SPAGREDP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SPAGREDP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5983.81 6030.93 5980.68 5993.30 +13.45
Prev. Close Volume Bid Ask Time
5979.85 0 2021-10-22 12:16:40
52wk High503152wk High Date2018-01-26
52wk Low4242.8352wk Low Date2018-10-26
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