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Index Trend Analysis Report

Prepared for you on Sunday, May 5, 2024.

S&P GSCI Kansas Wheat ER (CME:SPGSKWP)

Long-Term Uptrend (+90) - SPGSKWP is in a strong uptrend that is likely to continue. While SPGSKWP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

CME_SPGSKWP
Open High Low SPGSKWP Price Change
15.563 15.979 15.515 15.738 +0.193
Entry Signal

MarketClub’s Trade Triangles for SPGSKWP

long term up The long-term trend has been UP since Apr 25th, 2024 at 15.349

intermediate term up The intermediate-term trend has been UP since Apr 22nd, 2024 at 14.282

short term up The short-term trend has been UP since May 3rd, 2024 at 15.665

Smart Scan Analysis for SPGSKWP

Based on our trend formula, SPGSKWP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SPGSKWP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.563 15.979 15.515 15.738 +0.193
Prev. Close Volume Bid Ask Time
15.696 0 2024-05-03 14:28:00
52wk High20.4992952wk High Date2018-08-07
52wk Low15.1168152wk Low Date2018-11-27
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