Index Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
S&P GSCI Brent Crude ER (CME:SPGSBRP)
Long-Term Uptrend (+90) - SPGSBRP is in a strong uptrend that is likely to continue. While SPGSBRP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for SPGSBRP
The long-term trend has been UP since Nov 25th, 2020 at 250.92
The intermediate-term trend has been UP since Nov 10th, 2020 at 228.75
The short-term trend has been UP since Feb 22nd, 2021 at 339.19
Smart Scan Analysis for SPGSBRP
Based on our trend formula, SPGSBRP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||499.0666||52wk High Date||2018-10-03|
|52wk Low||333.1331||52wk Low Date||2018-11-29|