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Index Trend Analysis Report

Prepared for you on Wednesday, December 4, 2024.

S&P GSCI Wheat TR (CME:SPGSWHTR)

Long-Term Downtrend (-90) - SPGSWHTR is in a strong downtrend that is likely to continue. While SPGSWHTR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
56.536 56.613 55.635 56.466 -0.019
Entry Signal

MarketClub’s Trade Triangles for SPGSWHTR

long term down The long-term trend has been DOWN since Dec 2nd, 2024 at 55.884

intermediate term down The intermediate-term trend has been DOWN since Oct 21st, 2024 at 60.002

short term down The short-term trend has been DOWN since Dec 4th, 2024 at 55.879

Smart Scan Analysis for SPGSWHTR

Based on our trend formula, SPGSWHTR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPGSWHTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.536 56.613 55.635 56.466 -0.019
Prev. Close Volume Bid Ask Time
56.485 0 2024-12-04 23:11:00
52wk High88.480152wk High Date2018-08-02
52wk Low66.366152wk Low Date2017-12-12
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