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Index Trend Analysis Report

Prepared for you on Friday, May 10, 2024.

S&P GSCI Petroleum ex Gasoil TR (CME:SPGSXGTR)

Sidelines Mode (-55) - SPGSXGTR 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 SPGSXGTR?

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

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

CME_SPGSXGTR
Open High Low SPGSXGTR Price Change
1511.34 1515.18 1482.46 1484.07 -27.37
Entry Signal

MarketClub’s Trade Triangles for SPGSXGTR

long term up The long-term trend has been UP since Mar 1st, 2024 at 1473.80

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 1533.39

short term up The short-term trend has been UP since May 9th, 2024 at 1504.54

Smart Scan Analysis for SPGSXGTR

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

-55
Smart Scan Analysis for SPGSXGTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1511.34 1515.18 1482.46 1484.07 -27.37
Prev. Close Volume Bid Ask Time
1511.44 0 2024-05-10 15:08:00
52wk High1338.43552wk High Date2018-10-03
52wk Low884.84252wk Low Date2018-11-29
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