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Index Trend Analysis Report
Prepared for you on Sunday, November 24, 2024.
S&P GSCI Wheat ER (CME:SPGSWHP)
Countertrend Down (-85) - SPGSWHP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for SPGSWHP
The long-term trend has been DOWN since Jul 12th, 2024 at 4.9778
The intermediate-term trend has been DOWN since Oct 21st, 2024 at 4.8855
The short-term trend has been UP since Nov 18th, 2024 at 4.6681
Smart Scan Analysis for SPGSWHP
Based on our trend formula, SPGSWHP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.7431 | 4.7619 | 4.6889 | 4.7077 | -0.0438 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.7077 | 0 | 2024-11-22 15:38:00 |
| 52wk High | 8.36329 | 52wk High Date | 2018-08-02 |
| 52wk Low | 6.34301 | 52wk Low Date | 2017-12-12 |