Index Trend Analysis Report
Prepared for you on Saturday, September 24, 2022.
S&P GSCI Soybeans ER (CME:SPGSSOP)
Bear Market Rally (-75) - SPGSSOP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSSOP as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for SPGSSOP
The long-term trend has been DOWN since Jun 24th, 2022 at 557.85
The intermediate-term trend has been UP since Sep 12th, 2022 at 588.79
The short-term trend has been DOWN since Sep 23rd, 2022 at 574.61
Smart Scan Analysis for SPGSSOP
Based on our trend formula, SPGSSOP is rated as a -75 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|