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Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

S&P GSCI Lead ER (CME:SPGSILP)

Long-Term Downtrend (-90) - SPGSILP is in a strong downtrend that is likely to continue. While SPGSILP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

CME_SPGSILP
Open High Low SPGSILP Price Change
176.15 181.02 175.05 180.05 +3.76
Entry Signal

MarketClub’s Trade Triangles for SPGSILP

long term down The long-term trend has been DOWN since Feb 13th, 2024 at 177.80

intermediate term down The intermediate-term trend has been DOWN since Mar 22nd, 2024 at 179.49

short term down The short-term trend has been DOWN since Mar 28th, 2024 at 175.69

Smart Scan Analysis for SPGSILP

Based on our trend formula, SPGSILP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPGSILP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
176.15 181.02 175.05 180.05 +3.76
Prev. Close Volume Bid Ask Time
181.08 0 2024-03-28 13:11:00
52wk High248.260152wk High Date2018-02-02
52wk Low172.133952wk Low Date2018-10-11
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