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.
MarketClub’s Trade Triangles for SPGSWHTR
The long-term trend has been DOWN since Dec 2nd, 2022 at 93.164
The intermediate-term trend has been DOWN since Apr 21st, 2023 at 79.988
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).
|52wk High||88.4801||52wk High Date||2018-08-02|
|52wk Low||66.3661||52wk Low Date||2017-12-12|