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Index Trend Analysis Report

Prepared for you on Sunday, January 19, 2025.

S&P GSCI Grains ER (CME:SPGSGRP)

Sidelines Mode (-55) - SPGSGRP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
21.523 21.772 21.409 21.743 +0.209
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 up The intermediate-term trend has been UP since Dec 31st, 2024 at 21.258

short term down The short-term trend has been DOWN since Jan 16th, 2025 at 21.439

Smart Scan Analysis for SPGSGRP

Based on our trend formula, SPGSGRP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPGSGRP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.523 21.772 21.409 21.743 +0.209
Prev. Close Volume Bid Ask Time
21.719 0 2025-01-17 14:29:00
52wk High25.353952wk High Date2018-05-29
52wk Low20.3237452wk Low Date2018-09-18
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