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Index Trend Analysis Report

Prepared for you on Thursday, August 6, 2020.

S&P GSCI Biofuel (CME:SPGSBF)

Strong Uptrend (+100) - SPGSBF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPGSBF 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 SPGSBF?

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

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

CME_SPGSBF
Open High Low SPGSBF Price Change
99.044 99.300 98.833 99.242 +0.130
Entry Signal

MarketClub’s Trade Triangles for SPGSBF

long term up The long-term trend has been UP since Jul 1st, 2020 at 99.609

intermediate term up The intermediate-term trend has been UP since Jul 1st, 2020 at 99.609

short term up The short-term trend has been UP since Jul 31st, 2020 at 98.676

Smart Scan Analysis for SPGSBF

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

+100
Smart Scan Analysis for SPGSBF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
99.044 99.300 98.833 99.242 +0.130
Prev. Close Volume Bid Ask Time
98.049 0 2020-08-06 06:09:45
52wk High113.079552wk High Date2017-11-30
52wk Low94.497252wk Low Date2018-07-16
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