Index Trend Analysis Report
Prepared for you on Friday, September 17, 2021.
S&P GSCI Agriculture & Livestock (CME:SPGSAL)
Countertrend Down (-85) - SPGSAL is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SPGSAL?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSAL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSAL
The long-term trend has been DOWN since Jul 9th, 2021 at 334.87
The intermediate-term trend has been DOWN since Aug 31st, 2021 at 352.05
The short-term trend has been UP since Sep 15th, 2021 at 345.08
Smart Scan Analysis for SPGSAL
Based on our trend formula, SPGSAL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||281.8689||52wk High Date||2018-05-29|
|52wk Low||245.6333||52wk Low Date||2018-07-11|