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Index Trend Analysis Report

Prepared for you on Friday, June 5, 2020.

S&P GSCI Brent Crude ER (CME:SPGSBRP)

Bull Market Weakness (+75) - SPGSBRP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGSBRP as it may be in the beginning stages of a reversal.

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

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

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

CME_SPGSBRP
Open High Low SPGSBRP Price Change
221.49 233.06 221.21 231.86 +12.84
Entry Signal

MarketClub’s Trade Triangles for SPGSBRP

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 357.56

intermediate term up The intermediate-term trend has been UP since May 18th, 2020 at 181.74

short term up The short-term trend has been UP since May 26th, 2020 at 203.93

Smart Scan Analysis for SPGSBRP

Based on our trend formula, SPGSBRP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SPGSBRP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
221.49 233.06 221.21 231.86 +12.84
Prev. Close Volume Bid Ask Time
165.68 0 2020-06-05 14:54:05
52wk High499.066652wk High Date2018-10-03
52wk Low333.133152wk Low Date2018-11-29
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