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Index Trend Analysis Report

Prepared for you on Wednesday, May 18, 2022.

S&P GSCI Natural Gas ER (CME:SPGSNGP)

Weak Uptrend (+65) - SPGSNGP is showing signs of weakening momentum to the upside. Monitor SPGSNGP as it may be in the beginning stages of a reversal.

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

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

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

CME_SPGSNGP
Open High Low SPGSNGP Price Change
11.9857 12.3935 11.7202 11.8092 -0.2440
Entry Signal

MarketClub’s Trade Triangles for SPGSNGP

long term up The long-term trend has been UP since Feb 2nd, 2022 at 8.0817

intermediate term down The intermediate-term trend has been DOWN since May 10th, 2022 at 9.4142

short term up The short-term trend has been UP since May 13th, 2022 at 11.3161

Smart Scan Analysis for SPGSNGP

Based on our trend formula, SPGSNGP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SPGSNGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.9857 12.3935 11.7202 11.8092 -0.2440
Prev. Close Volume Bid Ask Time
12.0532 0 2022-05-18 19:56:12
52wk High17.3344752wk High Date2018-11-14
52wk Low8.9841152wk Low Date2017-12-21
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