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Index Trend Analysis Report
Prepared for you on Tuesday, October 15, 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.
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MarketClub’s Trade Triangles for SPGSBR
The long-term trend has been DOWN since Jun 3rd, 2024 at 684.60
The intermediate-term trend has been UP since Oct 1st, 2024 at 639.32
The short-term trend has been DOWN since Oct 8th, 2024 at 657.65
Smart Scan Analysis for SPGSBR
Based on our trend formula, SPGSBR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 636.43 | 637.36 | 621.79 | 624.68 | -12.77 |
| Prev. Close | Volume | Bid | Ask | Time |
| 637.45 | 0 | 2024-10-15 06:19:00 |
| 52wk High | 738.1284 | 52wk High Date | 2018-10-03 |
| 52wk Low | 491.9154 | 52wk Low Date | 2018-11-29 |