Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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

Countertrend Down (-85) - SPGSWTP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

CME_SPGSWTP
Open High Low SPGSWTP Price Change
5.677 5.677 5.677 5.677 0.000
Entry Signal

MarketClub’s Trade Triangles for SPGSWTP

long term down The long-term trend has been DOWN since Dec 2nd, 2024 at 5.7332

intermediate term down The intermediate-term trend has been DOWN since Oct 21st, 2024 at 6.2200

short term up The short-term trend has been UP since Dec 23rd, 2024 at 5.7214

Smart Scan Analysis for SPGSWTP

Based on our trend formula, SPGSWTP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SPGSWTP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.677 5.677 5.677 5.677 0.000
Prev. Close Volume Bid Ask Time
5.677 0 2024-12-26 07:00:00
52wk High10.1597452wk High Date2018-08-02
52wk Low7.7090652wk Low Date2017-12-12
Get a free daily analysis and signals for S&P GSCI All Wheat ER (SPGSWTP) - Request Your Free Report.