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Index Trend Analysis Report

Prepared for you on Monday, September 16, 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
545.90 558.66 544.98 554.43 +7.76
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 Sep 3rd, 2024 at 573.31

short term up The short-term trend has been UP since Sep 12th, 2024 at 551.63

Smart Scan Analysis for SPGSBRP

Based on our trend formula, SPGSBRP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SPGSBRP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
545.90 558.66 544.98 554.43 +7.76
Prev. Close Volume Bid Ask Time
546.67 0 2024-09-16 15:49:00
52wk High499.066652wk High Date2018-10-03
52wk Low333.133152wk Low Date2018-11-29
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