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Index Trend Analysis Report

Prepared for you on Tuesday, August 20, 2019.

S&P GSCI Soybeans TR (CME:SPGSSOTR)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

CME_SPGSSOTR
Open High Low SPGSSOTR Price Change
3370.57 3402.66 3367.65 3378.35 +7.96
Entry Signal

MarketClub’s Trade Triangles for SPGSSOTR

long term down The long term trend has been DOWN since Mar 11th, 2019 at 3593.92

intermediate term down The intermediate term trend has been DOWN since Jul 31st, 2019 at 3470.91

short term down The short term trend has been DOWN since Aug 12th, 2019 at 3427.83

Smart Scan Analysis for SPGSSOTR

Based on a pre-defined weighted trend formula for chart analysis, SPGSSOTR scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for SPGSSOTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3370.57 3402.66 3367.65 3378.35 +7.96
Prev. Close Volume Bid Ask Time
3417.4 0 2019-08-20 13:55:51
52wk High4609.80252wk High Date2018-03-02
52wk Low3386.41752wk Low Date2018-09-18
Want to analyze S&P GSCI Soybeans TR SPGSSOTR or another symbol? Try our Free Index Trend Analysis Report.