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Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

S&P GSCI Agriculture ER (CME:SPGSAGP)

Long-Term Downtrend (-90) - SPGSAGP is in a strong downtrend that is likely to continue. While SPGSAGP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

CME_SPGSAGP
Open High Low SPGSAGP Price Change
42.388 42.592 42.283 42.450 +0.056
Entry Signal

MarketClub’s Trade Triangles for SPGSAGP

long term down The long-term trend has been DOWN since Aug 15th, 2023 at 45.507

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 42.539

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 42.587

Smart Scan Analysis for SPGSAGP

Based on our trend formula, SPGSAGP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPGSAGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.388 42.592 42.283 42.450 +0.056
Prev. Close Volume Bid Ask Time
42.394 0 2024-04-18 21:44:00
52wk High39.873652wk High Date2018-05-29
52wk Low32.2764752wk Low Date2018-09-18
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