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Index Trend Analysis Report

Prepared for you on Friday, June 9, 2023.

S&P GSCI Wheat TR (CME:SPGSWHTR)

Weak Downtrend (-65) - SPGSWHTR is showing signs of a strengthening downtrend. Monitor SPGSWHTR as it may be building momentum to the downside.

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

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

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

CME_SPGSWHTR
Open High Low SPGSWHTR Price Change
74.717 76.047 74.443 75.629 +1.073
Entry Signal

MarketClub’s Trade Triangles for SPGSWHTR

long term down The long-term trend has been DOWN since Dec 2nd, 2022 at 93.164

intermediate term down The intermediate-term trend has been DOWN since Apr 21st, 2023 at 79.988

short term down The short-term trend has been DOWN since Jun 8th, 2023 at 73.680

Smart Scan Analysis for SPGSWHTR

Based on our trend formula, SPGSWHTR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SPGSWHTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
74.717 76.047 74.443 75.629 +1.073
Prev. Close Volume Bid Ask Time
74.556 0 2023-06-09 08:25:00
52wk High88.480152wk High Date2018-08-02
52wk Low66.366152wk Low Date2017-12-12
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