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Index Trend Analysis Report

Prepared for you on Monday, July 15, 2024.

S&P GSCI Grains Select ER (CME:SPGSGSLP)

Strong Downtrend (-100) - SPGSGSLP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPGSGSLP continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SPGSGSLP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSGSLP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPGSGSLP
Open High Low SPGSGSLP Price Change
18.114 18.114 17.995 18.006 -0.098
Entry Signal

MarketClub’s Trade Triangles for SPGSGSLP

long term down The long-term trend has been DOWN since Jun 24th, 2024 at 19.508

intermediate term down The intermediate-term trend has been DOWN since Jun 2nd, 2024 at 21.103

short term down The short-term trend has been DOWN since Jul 8th, 2024 at 18.890

Smart Scan Analysis for SPGSGSLP

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

-100
Smart Scan Analysis for SPGSGSLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.114 18.114 17.995 18.006 -0.098
Prev. Close Volume Bid Ask Time
18.104 0 2024-07-15 05:21:00
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