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Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

S&P GSCI Softs TR (CME:SPGSSFTR)

Countertrend Up (+85) - SPGSSFTR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

CME_SPGSSFTR
Open High Low SPGSSFTR Price Change
105.717 107.660 105.661 107.489 +1.748
Entry Signal

MarketClub’s Trade Triangles for SPGSSFTR

long term up The long-term trend has been UP since Feb 5th, 2024 at 93.912

intermediate term up The intermediate-term trend has been UP since Jan 16th, 2024 at 86.824

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 105.829

Smart Scan Analysis for SPGSSFTR

Based on our trend formula, SPGSSFTR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPGSSFTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
105.717 107.660 105.661 107.489 +1.748
Prev. Close Volume Bid Ask Time
105.741 0 2024-04-18 06:20:00
52wk High60.0062852wk High Date2018-06-01
52wk Low48.1277952wk Low Date2018-10-01
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