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Index Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

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

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_SPDYSMP
Open High Low SPDYSMP Price Change
683.480 688.193 677.419 678.990 -5.163
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 Nov 22nd, 2019 at 681.4910

short term up The short term trend has been UP since Dec 4th, 2019 at 673.3790

Smart Scan Analysis for SPDYSMP

Based on a pre-defined weighted trend formula for chart analysis, SPDYSMP scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SPDYSMP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
683.480 688.193 677.419 678.990 -5.163
Prev. Close Volume Bid Ask Time
684.153 0 2019-12-06 15:27:29
52wk High950.144952wk High Date2018-05-01
52wk Low728.480852wk Low Date2018-11-26
Want to analyze S&P GSCI Soybean Meal Dynamic Roll ER SPDYSMP or another symbol? Try our Free Index Trend Analysis Report.