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Index Trend Analysis Report

Prepared for you on Friday, May 10, 2024.

S&P GSCI ER (CME:SPGSCIP)

Sidelines Mode (-55) - SPGSCIP 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 SPGSCIP?

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

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

CME_SPGSCIP
Open High Low SPGSCIP Price Change
309.17 310.30 306.57 306.80 -2.35
Entry Signal

MarketClub’s Trade Triangles for SPGSCIP

long term up The long-term trend has been UP since Mar 1st, 2024 at 301.69

intermediate term down The intermediate-term trend has been DOWN since Apr 30th, 2024 at 310.43

short term up The short-term trend has been UP since May 9th, 2024 at 308.61

Smart Scan Analysis for SPGSCIP

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

-55
Smart Scan Analysis for SPGSCIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
309.17 310.30 306.57 306.80 -2.35
Prev. Close Volume Bid Ask Time
309.15 0 2024-05-10 15:09:00
52wk High279.64252wk High Date2018-10-03
52wk Low220.750152wk Low Date2018-11-29
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