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Index Trend Analysis Report

Prepared for you on Saturday, February 22, 2020.

S&P Global Agribusiness Composite Index EUR (CME:SPAGREP)

Sidelines Mode (-55) - SPAGREP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPAGREP
Open High Low SPAGREP Price Change
1706.66 1710.40 1694.74 1695.17 -13.65
Entry Signal

MarketClub’s Trade Triangles for SPAGREP

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 1636.99

intermediate term up The intermediate-term trend has been UP since Feb 18th, 2020 at 1708.46

short term down The short-term trend has been DOWN since Feb 21st, 2020 at 1696.01

Smart Scan Analysis for SPAGREP

Based on our trend formula, SPAGREP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPAGREP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1706.66 1710.40 1694.74 1695.17 -13.65
Prev. Close Volume Bid Ask Time
1724.66 0 2020-02-21 16:19:29
52wk High1771.3652wk High Date2018-05-29
52wk Low1565.8452wk Low Date2018-04-04
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