Index Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
S&P GSCI Sugar (CME:SPGSSB)
Bear Market Rally (-75) - SPGSSB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSSB as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SPGSSB?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSSB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSSB
The long-term trend has been DOWN since Dec 2nd, 2021 at 195.263
The intermediate-term trend has been DOWN since Nov 26th, 2021 at 202.000
The short-term trend has been UP since Dec 6th, 2021 at 199.579
Smart Scan Analysis for SPGSSB
Based on our trend formula, SPGSSB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||161.7896||52wk High Date||2018-01-03|
|52wk Low||104.4211||52wk Low Date||2018-08-22|