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Index Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
S&P GSCI Wheat ER (CME:SPGSWHP)
Strong Uptrend (+100) - SPGSWHP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPGSWHP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since May 6th, 2024 at 5.8462
The intermediate-term trend has been UP since Apr 22nd, 2024 at 5.4465
The short-term trend has been UP since May 3rd, 2024 at 5.6846
Smart Scan Analysis for SPGSWHP
Based on our trend formula, SPGSWHP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.9062 | 6.1417 | 5.9039 | 6.1117 | +0.2009 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.9108 | 0 | 2024-05-10 14:30:00 |
| 52wk High | 8.36329 | 52wk High Date | 2018-08-02 |
| 52wk Low | 6.34301 | 52wk Low Date | 2017-12-12 |