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Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

S&P GSCI Grains ER (CME:SPGSGRP)

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

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

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

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

CME_SPGSGRP
Open High Low SPGSGRP Price Change
23.524 24.239 23.470 24.020 +0.491
Entry Signal

MarketClub’s Trade Triangles for SPGSGRP

long term down The long-term trend has been DOWN since Sep 12th, 2023 at 27.684

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2024 at 23.944

short term up The short-term trend has been UP since Mar 28th, 2024 at 24.187

Smart Scan Analysis for SPGSGRP

Based on our trend formula, SPGSGRP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SPGSGRP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.524 24.239 23.470 24.020 +0.491
Prev. Close Volume Bid Ask Time
23.529 0 2024-03-28 14:30:00
52wk High25.353952wk High Date2018-05-29
52wk Low20.3237452wk Low Date2018-09-18
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