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Index Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

S&P GSCI Sugar ER (CME:SPGSSBP)

Sidelines Mode (+55) - SPGSSBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
16.586 16.675 16.377 16.534 -0.052
Entry Signal

MarketClub’s Trade Triangles for SPGSSBP

long term up The long-term trend has been UP since Sep 18th, 2024 at 15.802

intermediate term down The intermediate-term trend has been DOWN since Oct 17th, 2024 at 16.287

short term up The short-term trend has been UP since Oct 24th, 2024 at 16.758

Smart Scan Analysis for SPGSSBP

Based on our trend formula, SPGSSBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPGSSBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.586 16.675 16.377 16.534 -0.052
Prev. Close Volume Bid Ask Time
16.541 0 2024-10-25 12:53:00
52wk High12.4055552wk High Date2018-01-03
52wk Low7.8197252wk Low Date2018-08-22
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