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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

S&P Global Natural Resources Index (EURO) (CME:SPGNREP)

Bull Market Weakness (+75) - SPGNREP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGNREP as it may be in the beginning stages of a reversal.

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

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

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

CME_SPGNREP
Open High Low SPGNREP Price Change
2981.38 2983.41 2978.74 2978.97 -2.28
Entry Signal

MarketClub’s Trade Triangles for SPGNREP

long term up The long-term trend has been UP since Mar 21st, 2024 at 2865.51

intermediate term up The intermediate-term trend has been UP since Mar 1st, 2024 at 2737.52

short term up The short-term trend has been UP since Apr 22nd, 2024 at 2982.26

Smart Scan Analysis for SPGNREP

Based on our trend formula, SPGNREP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SPGNREP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2981.38 2983.41 2978.74 2978.97 -2.28
Prev. Close Volume Bid Ask Time
2981.25 0 2024-04-23 03:19:00
52wk High2452.8552wk High Date2018-05-22
52wk Low2090.4252wk Low Date2018-11-26
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