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Index Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

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

Bear Market Rally (-75) - SPGSGSLP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSGSLP as it may be in the beginning of a reversal.

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
17.832 17.918 17.633 17.676 -0.154
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 Nov 14th, 2024 at 17.422

short term up The short-term trend has been UP since Nov 18th, 2024 at 17.773

Smart Scan Analysis for SPGSGSLP

Based on our trend formula, SPGSGSLP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SPGSGSLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.832 17.918 17.633 17.676 -0.154
Prev. Close Volume Bid Ask Time
17.830 0 2024-11-21 21:15:00
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