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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.

CME_SPGSBFTR
Open High Low SPGSBFTR Price Change
95.940 96.349 95.370 95.552 -0.356
Entry Signal

MarketClub’s Trade Triangles for SPGSBFTR

long term up The long-term trend has been UP since Oct 7th, 2022 at 87.967

intermediate term down The intermediate-term trend has been DOWN since Sep 25th, 2023 at 97.662

short term up 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).

-55
Smart Scan Analysis for SPGSBFTR
Strong Downtrend Sideways 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 High58.87452wk High Date2017-11-30
52wk Low46.424752wk Low Date2018-09-18
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