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Index Trend Analysis Report

Prepared for you on Sunday, July 14, 2024.

S&P GSCI Grains ER (CME:SPGSGRP)

Long-Term Downtrend (-90) - SPGSGRP is in a strong downtrend that is likely to continue. While SPGSGRP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
21.847 21.896 21.432 21.703 -0.130
Entry Signal

MarketClub’s Trade Triangles for SPGSGRP

long term down The long-term trend has been DOWN since Jun 24th, 2024 at 22.917

intermediate term down The intermediate-term trend has been DOWN since Jun 3rd, 2024 at 25.033

short term down The short-term trend has been DOWN since Jul 8th, 2024 at 22.340

Smart Scan Analysis for SPGSGRP

Based on our trend formula, SPGSGRP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPGSGRP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.847 21.896 21.432 21.703 -0.130
Prev. Close Volume Bid Ask Time
21.667 0 2024-07-12 14:30:00
52wk High25.353952wk High Date2018-05-29
52wk Low20.3237452wk Low Date2018-09-18
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