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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
S&P GSCI Softs TR (CME:SPGSSFTR)
Long-Term Downtrend (-90) - SPGSSFTR is in a strong downtrend that is likely to continue. While SPGSSFTR 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 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 DOWN since May 14th, 2024 at 91.984
The intermediate-term trend has been DOWN since Jul 24th, 2024 at 98.253
The short-term trend has been DOWN since Jul 15th, 2024 at 101.892
Smart Scan Analysis for SPGSSFTR
Based on our trend formula, SPGSSFTR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 98.254 | 98.378 | 97.417 | 97.757 | -0.483 |
| Prev. Close | Volume | Bid | Ask | Time |
| 98.240 | 0 | 2024-07-26 15:33:00 |
| 52wk High | 60.00628 | 52wk High Date | 2018-06-01 |
| 52wk Low | 48.12779 | 52wk Low Date | 2018-10-01 |