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Index Trend Analysis Report

Prepared for you on Thursday, May 23, 2019.

S&P GSCI SOYBEANS INDEX SPOT (CME:SPGSSO)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_SPGSSO
Open High Low SPGSSO Price Change
326.1534 327.0467 325.5579 325.8556 -0.2978
Entry Signal

MarketClub’s Trade Triangles for SPGSSO

long term down The long term trend has been DOWN since Apr 23rd, 2019 at 350.5702

intermediate term down The intermediate term trend has been DOWN since Apr 23rd, 2019 at 350.8680

short term down The short term trend has been DOWN since May 17th, 2019 at 328.3370

Smart Scan Analysis for SPGSSO

Based on a pre-defined weighted trend formula for chart analysis, SPGSSO scored -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
326.1534 327.0467 325.5579 325.8556 -0.2978
Prev. Close Volume Bid Ask Time
365.8556 0 2019-05-23 21:26:40
52wk High429.77652wk High Date2018-03-02
52wk Low322.480952wk Low Date2018-09-18
Want to analyze S&P GSCI SOYBEANS INDEX SPOT SPGSSO or another symbol? Try our Free Index Trend Analysis Report.