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Index Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

S&P GSCI All Wheat (CME:SPGSWT)

Long-Term Uptrend (+90) - SPGSWT is in a strong uptrend that is likely to continue. While SPGSWT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

CME_SPGSWT
Open High Low SPGSWT Price Change
412.66 426.13 411.69 419.88 +7.24
Entry Signal

MarketClub’s Trade Triangles for SPGSWT

long term up The long-term trend has been UP since Apr 26th, 2024 at 420.33

intermediate term up The intermediate-term trend has been UP since Mar 25th, 2024 at 379.39

short term up The short-term trend has been UP since May 3rd, 2024 at 412.64

Smart Scan Analysis for SPGSWT

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

+90
Smart Scan Analysis for SPGSWT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
412.66 426.13 411.69 419.88 +7.24
Prev. Close Volume Bid Ask Time
419.20 0 2024-05-03 14:28:00
52wk High394.009452wk High Date2018-08-10
52wk Low272.172252wk Low Date2017-12-12
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