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Index Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

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

Sidelines Mode (-55) - SPDYSMP 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 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
661.924 661.924 658.326 659.807 +4.022
Entry Signal

MarketClub’s Trade Triangles for SPDYSMP

long term down The long-term trend has been DOWN since Sep 3rd, 2019 at 673.5006

intermediate term down The intermediate-term trend has been DOWN since Mar 16th, 2020 at 643.0850

short term up The short-term trend has been UP since Mar 20th, 2020 at 650.9170

Smart Scan Analysis for SPDYSMP

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

-55
Smart Scan Analysis for SPDYSMP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
661.924 661.924 658.326 659.807 +4.022
Prev. Close Volume Bid Ask Time
664.676 0 2020-03-30 06:33:28
52wk High950.144952wk High Date2018-05-01
52wk Low728.480852wk Low Date2018-11-26
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