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Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
S&P GSCI Soybeans Dynamic Roll ER (CME:SPDYSOP)
Sidelines Mode (-55) - SPDYSOP 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 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.
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MarketClub’s Trade Triangles for SPDYSOP
The long-term trend has been DOWN since Oct 2nd, 2023 at 295.62
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 271.78
The short-term trend has been UP since Apr 22nd, 2024 at 269.05
Smart Scan Analysis for SPDYSOP
Based on our trend formula, SPDYSOP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 272.36 | 272.48 | 270.80 | 272.02 | -0.34 |
| Prev. Close | Volume | Bid | Ask | Time |
| 272.36 | 0 | 2024-04-26 11:55:13 |