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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.

CME_SPGSSOP
Open High Low SPGSSOP Price Change
575.80 576.99 563.51 565.49 -11.01
Entry Signal

MarketClub’s Trade Triangles for SPGSSOP

long term down The long-term trend has been DOWN since Jun 24th, 2022 at 557.85

intermediate term up The intermediate-term trend has been UP since Sep 12th, 2022 at 588.79

short term down 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).

-75
Smart Scan Analysis for SPGSSOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
575.80 576.99 563.51 565.49 -11.01
Prev. Close Volume Bid Ask Time
565.49 0 2022-09-23 15:35:08
52wk High439.220352wk High Date2018-03-02
52wk Low319.26752wk Low Date2018-09-18
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