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Index Trend Analysis Report

Prepared for you on Monday, October 14, 2024.

S&P GSCI Brent Crude Dynamic Roll ER (CME:SPDYBRP)

Sidelines Mode (-55) - SPDYBRP 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 SPDYBRP?

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

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

CME_SPDYBRP
Open High Low SPDYBRP Price Change
1076.41 1079.18 1069.76 1071.97 -4.99
Entry Signal

MarketClub’s Trade Triangles for SPDYBRP

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 1061.06

intermediate term up The intermediate-term trend has been UP since Oct 1st, 2024 at 1034.86

short term down The short-term trend has been DOWN since Oct 8th, 2024 at 1066.13

Smart Scan Analysis for SPDYBRP

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

-55
Smart Scan Analysis for SPDYBRP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1076.41 1079.18 1069.76 1071.97 -4.99
Prev. Close Volume Bid Ask Time
1076.96 0 2024-10-14 03:38:23
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