Index Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
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.
MarketClub’s Trade Triangles for SPGSGSLP
The long-term trend has been DOWN since Jun 23rd, 2022 at 29.099
The intermediate-term trend has been DOWN since Jun 1st, 2022 at 31.104
The short-term trend has been DOWN since Jun 20th, 2022 at 31.168
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).