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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Weak Downtrend (-65) - SPDYSMP is showing signs of a strengthening downtrend. Monitor SPDYSMP as it may be building momentum to the downside.

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
1035.60 1038.12 1016.04 1023.93 -11.03
Entry Signal

MarketClub’s Trade Triangles for SPDYSMP

long term down The long-term trend has been DOWN since Jul 1st, 2024 at 1045.56

intermediate term down The intermediate-term trend has been DOWN since May 29th, 2024 at 1149.43

short term up The short-term trend has been UP since Jul 18th, 2024 at 987.03

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
1035.60 1038.12 1016.04 1023.93 -11.03
Prev. Close Volume Bid Ask Time
1034.96 0 2024-07-26 15:33:23
52wk High950.144952wk High Date2018-05-01
52wk Low728.480852wk Low Date2018-11-26
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