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Index Trend Analysis Report

Prepared for you on Thursday, May 19, 2022.

S&P GSCI All Wheat ER (CME:SPGSWTP)

Strong Uptrend (+100) - SPGSWTP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPGSWTP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

CME_SPGSWTP
Open High Low SPGSWTP Price Change
17.009 17.009 16.382 16.501 -0.541
Entry Signal

MarketClub’s Trade Triangles for SPGSWTP

long term up The long-term trend has been UP since Aug 31st, 2020 at 7.7619

intermediate term up The intermediate-term trend has been UP since May 12th, 2022 at 15.5900

short term up The short-term trend has been UP since May 5th, 2022 at 14.8050

Smart Scan Analysis for SPGSWTP

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

+100
Smart Scan Analysis for SPGSWTP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.009 17.009 16.382 16.501 -0.541
Prev. Close Volume Bid Ask Time
17.042 0 2022-05-19 15:37:47
52wk High10.1597452wk High Date2018-08-02
52wk Low7.7090652wk Low Date2017-12-12
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