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Index Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

S&P GSCI Soybeans Dynamic Roll ER (CME:SPDYSOP)

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

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

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

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

CME_SPDYSOP
Open High Low SPDYSOP Price Change
305.02 308.77 303.90 304.08 -3.16
Entry Signal

MarketClub’s Trade Triangles for SPDYSOP

long term down The long-term trend has been DOWN since Jul 1st, 2022 at 322.05

intermediate term down The intermediate-term trend has been DOWN since Feb 28th, 2023 at 319.03

short term down The short-term trend has been DOWN since Mar 9th, 2023 at 320.21

Smart Scan Analysis for SPDYSOP

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

-100
Smart Scan Analysis for SPDYSOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
305.02 308.77 303.90 304.08 -3.16
Prev. Close Volume Bid Ask Time
307.24 0 2023-03-21 20:29:43
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