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Index Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

S&P GSCI Grains ER (CME:SPGSGRP)

Bear Market Rally (-75) - SPGSGRP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSGRP as it may be in the beginning 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
18.236 18.333 18.156 18.326 +0.133
Entry Signal

MarketClub’s Trade Triangles for SPGSGRP

long term down The long-term trend has been DOWN since Feb 25th, 2020 at 18.944

intermediate term down The intermediate-term trend has been DOWN since Jan 27th, 2020 at 19.771

short term up The short-term trend has been UP since Apr 9th, 2020 at 18.316

Smart Scan Analysis for SPGSGRP

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

-75
Smart Scan Analysis for SPGSGRP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.236 18.333 18.156 18.326 +0.133
Prev. Close Volume Bid Ask Time
18.798 0 2020-04-09 07:22:30
52wk High25.353952wk High Date2018-05-29
52wk Low20.3237452wk Low Date2018-09-18
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