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Index Trend Analysis Report

Prepared for you on Thursday, February 20, 2020.

S&P GSCI Wheat ER (CME:SPGSWHP)

Bull Market Weakness (+75) - SPGSWHP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGSWHP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SPGSWHP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSWHP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPGSWHP
Open High Low SPGSWHP Price Change
7.2230 7.2454 7.0754 7.2262 +0.0129
Entry Signal

MarketClub’s Trade Triangles for SPGSWHP

long term up The long-term trend has been UP since Oct 18th, 2019 at 6.8892

intermediate term down The intermediate-term trend has been DOWN since Feb 3rd, 2020 at 7.0718

short term up The short-term trend has been UP since Feb 18th, 2020 at 7.0491

Smart Scan Analysis for SPGSWHP

Based on our trend formula, SPGSWHP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SPGSWHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.2230 7.2454 7.0754 7.2262 +0.0129
Prev. Close Volume Bid Ask Time
7.2450 0 2020-02-19 20:28:11
52wk High8.3632952wk High Date2018-08-02
52wk Low6.3430152wk Low Date2017-12-12
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