Index Trend Analysis Report
Prepared for you on Sunday, June 16, 2019.
S&P GSCI Soybeans ER (CME:SPGSSOP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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.
MarketClub’s Trade Triangles for SPGSSOP
The long term trend has been DOWN since Mar 8th, 2019 at 336.6488
The intermediate term trend has been UP since May 27th, 2019 at 311.8139
The short term trend has been UP since Jun 12th, 2019 at 318.6992
Smart Scan Analysis for SPGSSOP
Based on a pre-defined weighted trend formula for chart analysis, SPGSSOP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||439.2203||52wk High Date||2018-03-02|
|52wk Low||319.267||52wk Low Date||2018-09-18|