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Index Trend Analysis Report

Prepared for you on Monday, September 16, 2024.

S&P GSCI Brent Crude TR (CME:SPGSBRTR)

Bear Market Rally (-75) - SPGSBRTR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSBRTR as it may be in the beginning of a reversal.

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

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

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

CME_SPGSBRTR
Open High Low SPGSBRTR Price Change
897.21 918.17 895.69 911.10 +12.63
Entry Signal

MarketClub’s Trade Triangles for SPGSBRTR

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 944.28

intermediate term down The intermediate-term trend has been DOWN since Sep 3rd, 2024 at 938.86

short term up The short-term trend has been UP since Sep 12th, 2024 at 906.00

Smart Scan Analysis for SPGSBRTR

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

-75
Smart Scan Analysis for SPGSBRTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
897.21 918.17 895.69 911.10 +12.63
Prev. Close Volume Bid Ask Time
898.47 0 2024-09-16 14:54:00
52wk High712.0552wk High Date2018-10-03
52wk Low475.12952wk Low Date2017-12-07
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