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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

S&P GSCI Petroleum (CME:SPGSPT)

Sidelines Mode (+55) - SPGSPT 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 SPGSPT?

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

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

CME_SPGSPT
Open High Low SPGSPT Price Change
311.05 312.31 311.05 311.87 +0.95
Entry Signal

MarketClub’s Trade Triangles for SPGSPT

long term up The long-term trend has been UP since Mar 1st, 2024 at 300.26

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 302.17

short term up The short-term trend has been UP since Apr 24th, 2024 at 309.56

Smart Scan Analysis for SPGSPT

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

+55
Smart Scan Analysis for SPGSPT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
311.05 312.31 311.05 311.87 +0.95
Prev. Close Volume Bid Ask Time
310.92 0 2024-04-26 03:45:00
52wk High289.615352wk High Date2018-10-03
52wk Low192.463152wk Low Date2018-11-29
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