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Index Trend Analysis Report

Prepared for you on Sunday, January 19, 2025.

S&P GSCI Biofuel ER (CME:SPGSBFP)

Countertrend Up (+85) - SPGSBFP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

CME_SPGSBFP
Open High Low SPGSBFP Price Change
63.371 63.596 62.704 63.579 +0.171
Entry Signal

MarketClub’s Trade Triangles for SPGSBFP

long term up The long-term trend has been UP since Sep 24th, 2024 at 67.217

intermediate term up The intermediate-term trend has been UP since Jan 12th, 2025 at 64.255

short term down The short-term trend has been DOWN since Jan 15th, 2025 at 63.293

Smart Scan Analysis for SPGSBFP

Based on our trend formula, SPGSBFP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPGSBFP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63.371 63.596 62.704 63.579 +0.171
Prev. Close Volume Bid Ask Time
63.544 0 2025-01-17 14:29:00
52wk High55.613752wk High Date2017-11-30
52wk Low43.244452wk Low Date2018-09-18
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