Index Trend Analysis Report
Prepared for you on Wednesday, December 7, 2022.
S&P GSCI Agriculture & Livestock ER (CME:SPGSALP)
Long-Term Downtrend (-90) - SPGSALP is in a strong downtrend that is likely to continue. While SPGSALP 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 SPGSALP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSALP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSALP
The long-term trend has been DOWN since Jun 23rd, 2022 at 88.197
The intermediate-term trend has been DOWN since Sep 28th, 2022 at 83.669
The short-term trend has been DOWN since Nov 17th, 2022 at 83.314
Smart Scan Analysis for SPGSALP
Based on our trend formula, SPGSALP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||75.61642||52wk High Date||2018-03-06|
|52wk Low||65.57746||52wk Low Date||2018-09-18|