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Index Trend Analysis Report

Prepared for you on Sunday, August 9, 2020.

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

Bull Market Weakness (+75) - SPGSBOTR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGSBOTR as it may be in the beginning stages of a reversal.

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
73.469 73.659 72.665 72.830 -1.539
Entry Signal

MarketClub’s Trade Triangles for SPGSBOTR

long term up The long-term trend has been UP since Jul 7th, 2020 at 69.788

intermediate term up The intermediate-term trend has been UP since Jul 7th, 2020 at 69.788

short term down The short-term trend has been DOWN since Aug 7th, 2020 at 72.972

Smart Scan Analysis for SPGSBOTR

Based on our trend formula, SPGSBOTR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SPGSBOTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
73.469 73.659 72.665 72.830 -1.539
Prev. Close Volume Bid Ask Time
67.135 0 2020-08-07 14:29:56
52wk High93.6466752wk High Date2017-11-30
52wk Low71.0722952wk Low Date2018-11-26
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