Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

S&P GSCI Biofuel ER (CME:SPGSBFP)

Strong Downtrend (-100) - SPGSBFP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
37.439 37.913 37.439 37.568 +0.066
Entry Signal

MarketClub’s Trade Triangles for SPGSBFP

long term down The long-term trend has been DOWN since Mar 6th, 2020 at 42.956

intermediate term down The intermediate-term trend has been DOWN since Jan 27th, 2020 at 45.226

short term down The short-term trend has been DOWN since Mar 30th, 2020 at 38.792

Smart Scan Analysis for SPGSBFP

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

-100
Smart Scan Analysis for SPGSBFP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.439 37.913 37.439 37.568 +0.066
Prev. Close Volume Bid Ask Time
38.455 0 2020-04-07 15:34:27
52wk High55.613752wk High Date2017-11-30
52wk Low43.244452wk Low Date2018-09-18
Get a free daily analysis and signals for S&P GSCI Biofuel ER (SPGSBFP) - Request Your Free Report.