Index Trend Analysis Report
Prepared for you on Monday, April 19, 2021.
S&P GSCI Sugar ER (CME:SPGSSBP)
Bull Market Weakness (+75) - SPGSSBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGSSBP as it may be in the beginning stages 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.
MarketClub’s Trade Triangles for SPGSSBP
The long-term trend has been DOWN since Apr 1st, 2021 at 9.6798
The intermediate-term trend has been UP since Apr 14th, 2021 at 10.4508
The short-term trend has been UP since Apr 6th, 2021 at 9.9039
Smart Scan Analysis for SPGSSBP
Based on our trend formula, SPGSSBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.40555||52wk High Date||2018-01-03|
|52wk Low||7.81972||52wk Low Date||2018-08-22|