Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

S&P GSCI Soybeans ER (CME:SPGSSOP)

Long-Term Downtrend (-90) - SPGSSOP is in a strong downtrend that is likely to continue. While SPGSSOP 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 SPGSSOP?

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

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

CME_SPGSSOP
Open High Low SPGSSOP Price Change
293.07 294.70 291.27 294.44 +1.20
Entry Signal

MarketClub’s Trade Triangles for SPGSSOP

long term down The long-term trend has been DOWN since Jan 30th, 2020 at 306.60

intermediate term down The intermediate-term trend has been DOWN since Mar 9th, 2020 at 301.57

short term down The short-term trend has been DOWN since Apr 1st, 2020 at 300.45

Smart Scan Analysis for SPGSSOP

Based on our trend formula, SPGSSOP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPGSSOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
293.07 294.70 291.27 294.44 +1.20
Prev. Close Volume Bid Ask Time
303.88 0 2020-04-06 12:39:46
52wk High439.220352wk High Date2018-03-02
52wk Low319.26752wk Low Date2018-09-18
Get a free daily analysis and signals for S&P GSCI Soybeans ER (SPGSSOP) - Request Your Free Report.