
Index Trend Analysis Report
Prepared for you on Wednesday, October 4, 2023.
S&P GSCI Biofuel TR (CME:SPGSBFTR)
Sidelines Mode (-55) - SPGSBFTR 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 SPGSBFTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSBFTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPGSBFTR
The long-term trend has been UP since Oct 7th, 2022 at 87.967
The intermediate-term trend has been DOWN since Sep 25th, 2023 at 97.662
The short-term trend has been UP since Sep 29th, 2023 at 98.085
Smart Scan Analysis for SPGSBFTR
Based on our trend formula, SPGSBFTR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
95.940 | 96.349 | 95.370 | 95.552 | -0.356 |
Prev. Close | Volume | Bid | Ask | Time |
95.908 | 0 | 2023-10-04 20:28:00 |
52wk High | 58.874 | 52wk High Date | 2017-11-30 |
52wk Low | 46.4247 | 52wk Low Date | 2018-09-18 |