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Index Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

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

Crossroads (-60) - SPDYBOP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
91.092 91.092 89.492 90.692 -0.580
Entry Signal

MarketClub’s Trade Triangles for SPDYBOP

long term up The long-term trend has been UP since Apr 2nd, 2024 at 99.049

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 95.011

short term down The short-term trend has been DOWN since Apr 8th, 2024 at 96.870

Smart Scan Analysis for SPDYBOP

Based on our trend formula, SPDYBOP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPDYBOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
91.092 91.092 89.492 90.692 -0.580
Prev. Close Volume Bid Ask Time
90.652 0 2024-04-19 14:29:18
52wk High61.69552wk High Date2017-11-30
52wk Low46.557352wk Low Date2018-11-26
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