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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P GSCI Biofuel (CME:SPGSBF)

Sidelines Mode (-55) - SPGSBF 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 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
140.66 140.66 140.66 140.66 0.00
Entry Signal

MarketClub’s Trade Triangles for SPGSBF

long term up The long-term trend has been UP since Sep 20th, 2024 at 146.98

intermediate term down The intermediate-term trend has been DOWN since Nov 25th, 2024 at 146.39

short term up The short-term trend has been UP since Dec 23rd, 2024 at 140.44

Smart Scan Analysis for SPGSBF

Based on our trend formula, SPGSBF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPGSBF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
140.66 140.66 140.66 140.66 0.00
Prev. Close Volume Bid Ask Time
140.66 0 2024-12-26 04:33:00
52wk High113.079552wk High Date2017-11-30
52wk Low94.497252wk Low Date2018-07-16
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