Index Trend Analysis Report
Prepared for you on Tuesday, December 5, 2023.
S&P Global Agribusiness Equity Index (EURO) (CME:SPAGREEP)
Bull Market Weakness (+75) - SPAGREEP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPAGREEP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPAGREEP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPAGREEP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPAGREEP
The long-term trend has been DOWN since Dec 15th, 2022 at 6986.40
The intermediate-term trend has been UP since Nov 15th, 2023 at 5897.83
The short-term trend has been UP since Dec 1st, 2023 at 5815.01
Smart Scan Analysis for SPAGREEP
Based on our trend formula, SPAGREEP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4893.16||52wk High Date||2018-01-09|
|52wk Low||4261.52||52wk Low Date||2018-04-04|