Index Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
S&P GSCI Soybeans Dynamic Roll ER (CME:SPDYSOP)
Strong Uptrend (+100) - SPDYSOP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPDYSOP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for SPDYSOP
The long-term trend has been UP since Jan 3rd, 2022 at 296.248
The intermediate-term trend has been UP since Nov 15th, 2021 at 288.397
The short-term trend has been UP since Jan 19th, 2022 at 300.750
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).