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Index Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

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

Bear Market Rally (-75) - SPGSBRP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSBRP as it may be in the beginning 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
561.39 568.09 558.19 565.60 +3.82
Entry Signal

MarketClub’s Trade Triangles for SPGSBRP

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 590.50

intermediate term down The intermediate-term trend has been DOWN since Oct 28th, 2024 at 557.75

short term down The short-term trend has been DOWN since Dec 17th, 2024 at 569.11

Smart Scan Analysis for SPGSBRP

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

-80
Smart Scan Analysis for SPGSBRP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
561.39 568.09 558.19 565.60 +3.82
Prev. Close Volume Bid Ask Time
565.60 0 2024-12-20 15:39:00
52wk High499.066652wk High Date2018-10-03
52wk Low333.133152wk Low Date2018-11-29
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