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Index Trend Analysis Report

Prepared for you on Monday, November 25, 2024.

S&P GSCI Soybean Oil TR (CME:SPGSBOTR)

Crossroads (-60) - SPGSBOTR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPGSBOTR
Open High Low SPGSBOTR Price Change
146.73 147.63 141.50 143.98 -2.92
Entry Signal

MarketClub’s Trade Triangles for SPGSBOTR

long term up The long-term trend has been UP since Nov 1st, 2024 at 160.22

intermediate term down The intermediate-term trend has been DOWN since Nov 21st, 2024 at 147.60

short term down The short-term trend has been DOWN since Nov 12th, 2024 at 164.22

Smart Scan Analysis for SPGSBOTR

Based on our trend formula, SPGSBOTR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPGSBOTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
146.73 147.63 141.50 143.98 -2.92
Prev. Close Volume Bid Ask Time
146.90 0 2024-11-25 14:29:00
52wk High93.6466752wk High Date2017-11-30
52wk Low71.0722952wk Low Date2018-11-26
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