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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

S&P GSCI Petroleum ex Gasoil (CME:SPGSXG)

Sidelines Mode (-55) - SPGSXG 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 SPGSXG?

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

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

CME_SPGSXG
Open High Low SPGSXG Price Change
307.10 309.15 305.51 307.09 +0.08
Entry Signal

MarketClub’s Trade Triangles for SPGSXG

long term up The long-term trend has been UP since Mar 1st, 2024 at 293.26

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 298.04

short term up The short-term trend has been UP since Apr 24th, 2024 at 305.43

Smart Scan Analysis for SPGSXG

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

-55
Smart Scan Analysis for SPGSXG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
307.10 309.15 305.51 307.09 +0.08
Prev. Close Volume Bid Ask Time
307.01 0 2024-04-26 15:10:00
52wk High286.038252wk High Date2018-10-03
52wk Low188.173352wk Low Date2018-11-29
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