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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P GSCI Wheat ER (CME:SPGSWHP)

Bear Market Rally (-75) - SPGSWHP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSWHP as it may be in the beginning 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
4.4576 4.5014 4.4555 4.4806 +0.0230
Entry Signal

MarketClub’s Trade Triangles for SPGSWHP

long term down The long-term trend has been DOWN since Jul 12th, 2024 at 4.9778

intermediate term down The intermediate-term trend has been DOWN since Oct 21st, 2024 at 4.8855

short term up The short-term trend has been UP since Dec 23rd, 2024 at 4.4868

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
4.4576 4.5014 4.4555 4.4806 +0.0230
Prev. Close Volume Bid Ask Time
4.4576 0 2024-12-26 10:35:00
52wk High8.3632952wk High Date2018-08-02
52wk Low6.3430152wk Low Date2017-12-12
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