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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P GSCI Grains (CME:SPGSGR)

Crossroads (+60) - SPGSGR 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 SPGSGR?

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

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

CME_SPGSGR
Open High Low SPGSGR Price Change
409.64 413.27 408.20 409.89 +0.20
Entry Signal

MarketClub’s Trade Triangles for SPGSGR

long term down The long-term trend has been DOWN since Dec 2nd, 2022 at 547.81

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2024 at 402.92

short term up The short-term trend has been UP since Apr 21st, 2024 at 398.28

Smart Scan Analysis for SPGSGR

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

+60
Smart Scan Analysis for SPGSGR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
409.64 413.27 408.20 409.89 +0.20
Prev. Close Volume Bid Ask Time
409.69 0 2024-04-24 21:22:00
52wk High371.233452wk High Date2018-05-29
52wk Low307.006552wk Low Date2018-07-12
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