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Index Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

S&P GSCI Grains ER (CME:SPGSGRP)

Strong Downtrend (-100) - SPGSGRP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPGSGRP continues to fall. 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
20.480 20.690 20.479 20.615 +0.142
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 Dec 18th, 2024 at 20.380

short term down The short-term trend has been DOWN since Dec 13th, 2024 at 20.820

Smart Scan Analysis for SPGSGRP

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

-100
Smart Scan Analysis for SPGSGRP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.480 20.690 20.479 20.615 +0.142
Prev. Close Volume Bid Ask Time
20.615 0 2024-12-20 15:39:00
52wk High25.353952wk High Date2018-05-29
52wk Low20.3237452wk Low Date2018-09-18
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