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Index Trend Analysis Report

Prepared for you on Tuesday, May 24, 2022.

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

Bull Market Weakness (+75) - SPGSKWP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGSKWP as it may be in the beginning stages of a reversal.

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
30.853 31.039 29.898 30.042 -0.685
Entry Signal

MarketClub’s Trade Triangles for SPGSKWP

long term up The long-term trend has been UP since Sep 18th, 2020 at 12.937

intermediate term up The intermediate-term trend has been UP since May 11th, 2022 at 28.894

short term down The short-term trend has been DOWN since May 20th, 2022 at 30.745

Smart Scan Analysis for SPGSKWP

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

+75
Smart Scan Analysis for SPGSKWP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.853 31.039 29.898 30.042 -0.685
Prev. Close Volume Bid Ask Time
30.727 0 2022-05-24 11:50:16
52wk High20.4992952wk High Date2018-08-07
52wk Low15.1168152wk Low Date2018-11-27
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