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Index Trend Analysis Report
Prepared for you on Monday, July 6, 2020.
S&P GSCI Soybeans TR (CME:SPGSSOTR)
Long-Term Uptrend (+90) - SPGSSOTR is in a strong uptrend that is likely to continue. While SPGSSOTR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPGSSOTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSSOTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPGSSOTR
The long-term trend has been UP since Jul 1st, 2020 at 3292.191
The intermediate-term trend has been UP since Jun 30th, 2020 at 3247.915
The short-term trend has been UP since Jun 30th, 2020 at 3194.867
Smart Scan Analysis for SPGSSOTR
Based on our trend formula, SPGSSOTR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3306.050 | 3316.149 | 3288.607 | 3293.197 | -5.508 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3221.293 | 0 | 2020-07-02 15:28:38 |
| 52wk High | 4609.802 | 52wk High Date | 2018-03-02 |
| 52wk Low | 3386.417 | 52wk Low Date | 2018-09-18 |