Index Trend Analysis Report
Prepared for you on Monday, August 10, 2020.
S&P GSCI Sugar (CME:SPGSSB)
Long-Term Uptrend (+90) - SPGSSB is in a strong uptrend that is likely to continue. While SPGSSB 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 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 UP since Jul 31st, 2020 at 130.316
The intermediate-term trend has been UP since Jul 31st, 2020 at 129.369
The short-term trend has been UP since Jul 27th, 2020 at 125.053
Smart Scan Analysis for SPGSSB
Based on our trend formula, SPGSSB is rated as a +90 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|