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Index Trend Analysis Report

Prepared for you on Tuesday, July 16, 2024.

S&P GSCI Sugar ER (CME:SPGSSBP)

Bear Market Rally (-75) - SPGSSBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSSBP as it may be in the beginning of a reversal.

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

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

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

CME_SPGSSBP
Open High Low SPGSSBP Price Change
15.094 15.094 14.927 14.935 -0.091
Entry Signal

MarketClub’s Trade Triangles for SPGSSBP

long term down The long-term trend has been DOWN since Dec 1st, 2023 at 18.318

intermediate term up The intermediate-term trend has been UP since Jun 7th, 2024 at 14.680

short term down The short-term trend has been DOWN since Jul 8th, 2024 at 15.155

Smart Scan Analysis for SPGSSBP

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

-75
Smart Scan Analysis for SPGSSBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.094 15.094 14.927 14.935 -0.091
Prev. Close Volume Bid Ask Time
15.026 0 2024-07-16 04:10:00
52wk High12.4055552wk High Date2018-01-03
52wk Low7.8197252wk Low Date2018-08-22
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