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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Strong Downtrend (-100) - SPDYBOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPDYBOP continues to fall. Traders should use caution and set stops.

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
88.573 88.773 83.554 83.634 -5.019
Entry Signal

MarketClub’s Trade Triangles for SPDYBOP

long term down The long-term trend has been DOWN since Apr 30th, 2024 at 87.973

intermediate term down The intermediate-term trend has been DOWN since Jul 25th, 2024 at 87.433

short term down The short-term trend has been DOWN since Jul 24th, 2024 at 87.913

Smart Scan Analysis for SPDYBOP

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

-100
Smart Scan Analysis for SPDYBOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
88.573 88.773 83.554 83.634 -5.019
Prev. Close Volume Bid Ask Time
88.653 0 2024-07-26 15:33:23
52wk High61.69552wk High Date2017-11-30
52wk Low46.557352wk Low Date2018-11-26
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