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Index Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
S&P GSCI All Wheat ER (CME:SPGSWTP)
Long-Term Downtrend (-90) - SPGSWTP is in a strong downtrend that is likely to continue. While SPGSWTP 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 SPGSWTP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSWTP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPGSWTP
The long-term trend has been DOWN since Mar 6th, 2020 at 7.3950
The intermediate-term trend has been DOWN since Aug 3rd, 2020 at 7.2807
The short-term trend has been DOWN since Jul 28th, 2020 at 7.3965
Smart Scan Analysis for SPGSWTP
Based on our trend formula, SPGSWTP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.1481 | 7.2248 | 7.0406 | 7.0716 | -0.1041 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.2534 | 0 | 2020-08-06 20:29:26 |
| 52wk High | 10.15974 | 52wk High Date | 2018-08-02 |
| 52wk Low | 7.70906 | 52wk Low Date | 2017-12-12 |