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Index Trend Analysis Report
Prepared for you on Sunday, January 19, 2025.
S&P GSCI Grains Select ER (CME:SPGSGSLP)
Sidelines Mode (-55) - SPGSGSLP 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 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.
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MarketClub’s Trade Triangles for SPGSGSLP
The long-term trend has been DOWN since Jun 24th, 2024 at 19.508
The intermediate-term trend has been UP since Dec 31st, 2024 at 18.019
The short-term trend has been DOWN since Jan 17th, 2025 at 18.245
Smart Scan Analysis for SPGSGSLP
Based on our trend formula, SPGSGSLP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.339 | 18.571 | 18.239 | 18.549 | +0.199 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.528 | 0 | 2025-01-17 14:29:00 |