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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

S&P GSCI Softs (CME:SPGSSF)

Long-Term Downtrend (-90) - SPGSSF is in a strong downtrend that is likely to continue. While SPGSSF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

CME_SPGSSF
Open High Low SPGSSF Price Change
137.43 137.59 136.26 136.73 -0.68
Entry Signal

MarketClub’s Trade Triangles for SPGSSF

long term down The long-term trend has been DOWN since May 2nd, 2024 at 139.50

intermediate term down The intermediate-term trend has been DOWN since Jul 24th, 2024 at 137.93

short term down The short-term trend has been DOWN since Jul 15th, 2024 at 142.81

Smart Scan Analysis for SPGSSF

Based on our trend formula, SPGSSF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPGSSF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
137.43 137.59 136.26 136.73 -0.68
Prev. Close Volume Bid Ask Time
137.41 0 2024-07-26 15:33:00
52wk High97.209252wk High Date2018-06-01
52wk Low80.138552wk Low Date2018-10-01
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