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Index Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

S&P GSCI Soybean Oil Dynamic Roll ER (CME:SPDYBOP)

Bear Market Rally (-75) - SPDYBOP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPDYBOP as it may be in the beginning of a reversal.

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

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

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

CME_SPDYBOP
Open High Low SPDYBOP Price Change
106.514 107.322 104.455 104.936 -2.290
Entry Signal

MarketClub’s Trade Triangles for SPDYBOP

long term down The long-term trend has been DOWN since Mar 7th, 2023 at 108.210

intermediate term down The intermediate-term trend has been DOWN since Jan 23rd, 2023 at 114.889

short term up The short-term trend has been UP since Mar 17th, 2023 at 106.995

Smart Scan Analysis for SPDYBOP

Based on our trend formula, SPDYBOP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SPDYBOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
106.514 107.322 104.455 104.936 -2.290
Prev. Close Volume Bid Ask Time
107.226 0 2023-03-21 20:29:43
52wk High61.69552wk High Date2017-11-30
52wk Low46.557352wk Low Date2018-11-26
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