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Index Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

S&P GSCI Soybeans TR (CME:SPGSSOTR)

Long-Term Downtrend (-90) - SPGSSOTR is in a strong downtrend that is likely to continue. While SPGSSOTR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

CME_SPGSSOTR
Open High Low SPGSSOTR Price Change
3205.864 3223.701 3186.150 3215.252 +7.533
Entry Signal

MarketClub’s Trade Triangles for SPGSSOTR

long term down The long-term trend has been DOWN since Jan 30th, 2020 at 3339.637

intermediate term down The intermediate-term trend has been DOWN since Mar 9th, 2020 at 3297.017

short term down The short-term trend has been DOWN since Apr 1st, 2020 at 3286.543

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).

-90
Smart Scan Analysis for SPGSSOTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3205.864 3223.701 3186.150 3215.252 +7.533
Prev. Close Volume Bid Ask Time
3324.101 0 2020-04-06 10:59:46
52wk High4609.80252wk High Date2018-03-02
52wk Low3386.41752wk Low Date2018-09-18
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