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Index Trend Analysis Report

Prepared for you on Wednesday, June 7, 2023.

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
84.957 85.852 84.822 85.221 +0.223
Entry Signal

MarketClub’s Trade Triangles for SPGSSFTR

long term up The long-term trend has been UP since Jan 26th, 2023 at 72.206

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2023 at 75.870

short term up The short-term trend has been UP since Jun 7th, 2023 at 85.758

Smart Scan Analysis for SPGSSFTR

Based on our trend formula, SPGSSFTR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for SPGSSFTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
84.957 85.852 84.822 85.221 +0.223
Prev. Close Volume Bid Ask Time
84.998 0 2023-06-07 11:35:00
52wk High60.0062852wk High Date2018-06-01
52wk Low48.1277952wk Low Date2018-10-01
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