Analyze Symbol

Index Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

S&P GSCI Biofuel ER (CME:SPGSBFP)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_SPGSBFP
Open High Low SPGSBFP Price Change
44.4879 44.7276 44.4879 44.7149 +0.2270
Entry Signal

MarketClub’s Trade Triangles for SPGSBFP

long term up The long term trend has been UP since Jun 3rd, 2019 at 46.6592

intermediate term down The intermediate term trend has been DOWN since Jul 1st, 2019 at 45.8538

short term down The short term trend has been DOWN since Jul 15th, 2019 at 46.6233

Smart Scan Analysis for SPGSBFP

Based on a pre-defined weighted trend formula for chart analysis, SPGSBFP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SPGSBFP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.4879 44.7276 44.4879 44.7149 +0.2270
Prev. Close Volume Bid Ask Time
45.37 0 2019-07-23 02:29:20
52wk High55.613752wk High Date2017-11-30
52wk Low43.244452wk Low Date2018-09-18
Want to analyze S&P GSCI Biofuel ER SPGSBFP or another symbol? Try our Free Index Trend Analysis Report.