Free Daily Analysis
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.
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MarketClub’s Trade Triangles for SPGSSOTR
The long-term trend has been DOWN since Jan 30th, 2020 at 3339.637
The intermediate-term trend has been DOWN since Mar 9th, 2020 at 3297.017
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).
| 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 High | 4609.802 | 52wk High Date | 2018-03-02 |
| 52wk Low | 3386.417 | 52wk Low Date | 2018-09-18 |