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Index Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

S&P GSCI Soybean Meal Dynamic Roll ER (CME:SPDYSMP)

Weak Uptrend (+65) - SPDYSMP is showing signs of weakening momentum to the upside. Monitor SPDYSMP as it may be in the beginning stages of a reversal.

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

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

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

CME_SPDYSMP
Open High Low SPDYSMP Price Change
831.513 832.180 827.604 832.180 +1.239
Entry Signal

MarketClub’s Trade Triangles for SPDYSMP

long term up The long-term trend has been UP since Nov 15th, 2021 at 865.372

intermediate term up The intermediate-term trend has been UP since Oct 25th, 2021 at 776.054

short term down The short-term trend has been DOWN since Dec 7th, 2021 at 830.512

Smart Scan Analysis for SPDYSMP

Based on our trend formula, SPDYSMP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SPDYSMP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
831.513 832.180 827.604 832.180 +1.239
Prev. Close Volume Bid Ask Time
830.941 0 2021-12-08 08:46:23
52wk High950.144952wk High Date2018-05-01
52wk Low728.480852wk Low Date2018-11-26
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