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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.
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MarketClub’s Trade Triangles for SPGSSFTR
The long-term trend has been UP since Jan 26th, 2023 at 72.206
The intermediate-term trend has been UP since Mar 28th, 2023 at 75.870
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).
| 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 High | 60.00628 | 52wk High Date | 2018-06-01 |
| 52wk Low | 48.12779 | 52wk Low Date | 2018-10-01 |