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Index Trend Analysis Report
Prepared for you on Monday, December 30, 2024.
S&P GSCI Soybeans TR (CME:SPGSSOTR)
Sidelines Mode (-55) - SPGSSOTR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since Jun 26th, 2024 at 6005.02
The intermediate-term trend has been DOWN since Dec 17th, 2024 at 5327.06
The short-term trend has been UP since Dec 22nd, 2024 at 5339.15
Smart Scan Analysis for SPGSSOTR
Based on our trend formula, SPGSSOTR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5390.37 | 5454.31 | 5383.57 | 5454.31 | +66.66 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5387.65 | 0 | 2024-12-30 09:25:00 |
| 52wk High | 4609.802 | 52wk High Date | 2018-03-02 |
| 52wk Low | 3386.417 | 52wk Low Date | 2018-09-18 |