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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

S&P GSCI Brent Crude (CME:SPGSBR)

Sidelines Mode (-55) - SPGSBR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPGSBR
Open High Low SPGSBR Price Change
749.11 754.30 745.87 750.30 +1.36
Entry Signal

MarketClub’s Trade Triangles for SPGSBR

long term up The long-term trend has been UP since Mar 1st, 2024 at 714.13

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 727.83

short term up The short-term trend has been UP since Apr 24th, 2024 at 744.60

Smart Scan Analysis for SPGSBR

Based on our trend formula, SPGSBR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPGSBR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
749.11 754.30 745.87 750.30 +1.36
Prev. Close Volume Bid Ask Time
748.94 0 2024-04-26 12:59:00
52wk High738.128452wk High Date2018-10-03
52wk Low491.915452wk Low Date2018-11-29
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