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Index Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

S&P GSCI Soybeans (CME:SPGSSO)

Strong Downtrend (-100) - SPGSSO is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPGSSO continues to fall. Traders should use caution and set stops.

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

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

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

CME_SPGSSO
Open High Low SPGSSO Price Change
384.22 389.97 384.12 388.78 +4.76
Entry Signal

MarketClub’s Trade Triangles for SPGSSO

long term down The long-term trend has been DOWN since Jun 17th, 2024 at 452.11

intermediate term down The intermediate-term trend has been DOWN since Nov 21st, 2024 at 388.09

short term down The short-term trend has been DOWN since Dec 16th, 2024 at 394.24

Smart Scan Analysis for SPGSSO

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

-100
Smart Scan Analysis for SPGSSO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
384.22 389.97 384.12 388.78 +4.76
Prev. Close Volume Bid Ask Time
388.78 0 2024-12-20 15:39:00
52wk High429.77652wk High Date2018-03-02
52wk Low322.480952wk Low Date2018-09-18
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