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Index Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

S&P GSCI Brent Crude (CME:SPGSBR)

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

Is it time to buy, sell, or avoid SPGSBR?

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

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

CME_SPGSBR
Open High Low SPGSBR Price Change
612.94 620.26 609.45 617.53 +4.17
Entry Signal

MarketClub’s Trade Triangles for SPGSBR

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 684.60

intermediate term down The intermediate-term trend has been DOWN since Oct 28th, 2024 at 613.96

short term down The short-term trend has been DOWN since Dec 17th, 2024 at 621.36

Smart Scan Analysis for SPGSBR

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

-80
Smart Scan Analysis for SPGSBR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
612.94 620.26 609.45 617.53 +4.17
Prev. Close Volume Bid Ask Time
617.53 0 2024-12-20 15:39:00
52wk High738.128452wk High Date2018-10-03
52wk Low491.915452wk Low Date2018-11-29
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