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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.

CME_SPGSSOTR
Open High Low SPGSSOTR Price Change
3306.050 3316.149 3288.607 3293.197 -5.508
Entry Signal

MarketClub’s Trade Triangles for SPGSSOTR

long term up The long-term trend has been UP since Jul 1st, 2020 at 3292.191

intermediate term up The intermediate-term trend has been UP since Jun 30th, 2020 at 3247.915

short term up 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).

+90
Smart Scan Analysis for SPGSSOTR
Strong Downtrend Sideways 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 High4609.80252wk High Date2018-03-02
52wk Low3386.41752wk Low Date2018-09-18
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