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Index Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

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
21.309 21.309 20.917 20.985 -0.306
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 Oct 15th, 2024 at 20.842

short term up The short-term trend has been UP since Oct 18th, 2024 at 21.172

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
21.309 21.309 20.917 20.985 -0.306
Prev. Close Volume Bid Ask Time
20.968 0 2024-10-25 14:24:00
52wk High25.353952wk High Date2018-05-29
52wk Low20.3237452wk Low Date2018-09-18
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