Index Trend Analysis Report
Prepared for you on Thursday, January 20, 2022.
S&P GSCI Soybeans (CME:SPGSSO)
Strong Uptrend (+100) - SPGSSO is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPGSSO continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for SPGSSO
The long-term trend has been UP since Dec 21st, 2021 at 519.11
The intermediate-term trend has been UP since Nov 17th, 2021 at 502.63
The short-term trend has been UP since Jan 19th, 2022 at 547.69
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).
|52wk High||429.776||52wk High Date||2018-03-02|
|52wk Low||322.4809||52wk Low Date||2018-09-18|