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Index Trend Analysis Report

Prepared for you on Thursday, January 16, 2025.

S&P GSCI Sugar ER (CME:SPGSSBP)

Strong Downtrend (-100) - SPGSSBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPGSSBP continues to fall. Traders should use caution and set stops.

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
13.553 13.971 13.530 13.739 +0.284
Entry Signal

MarketClub’s Trade Triangles for SPGSSBP

long term down The long-term trend has been DOWN since Jan 9th, 2025 at 14.225

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

short term down The short-term trend has been DOWN since Jan 8th, 2025 at 14.419

Smart Scan Analysis for SPGSSBP

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

-100
Smart Scan Analysis for SPGSSBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.553 13.971 13.530 13.739 +0.284
Prev. Close Volume Bid Ask Time
13.455 0 2025-01-16 12:59:00
52wk High12.4055552wk High Date2018-01-03
52wk Low7.8197252wk Low Date2018-08-22
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