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Index Trend Analysis Report

Prepared for you on Sunday, December 22, 2024.

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

Bear Market Rally (-75) - SPDYBRP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPDYBRP as it may be in the beginning of a reversal.

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
1006.43 1018.44 1000.70 1013.97 +6.85
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 down The intermediate-term trend has been DOWN since Oct 28th, 2024 at 999.76

short term down The short-term trend has been DOWN since Dec 17th, 2024 at 1020.26

Smart Scan Analysis for SPDYBRP

Based on our trend formula, SPDYBRP is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for SPDYBRP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1006.43 1018.44 1000.70 1013.97 +6.85
Prev. Close Volume Bid Ask Time
1013.97 0 2024-12-20 15:39:55
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