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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
S&P GSCI 1 Month Forward (CME:SG1MCI)
Long-Term Downtrend (-90) - SG1MCI is in a strong downtrend that is likely to continue. While SG1MCI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SG1MCI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SG1MCI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SG1MCI
The long-term trend has been DOWN since Jul 19th, 2024 at 315.49
The intermediate-term trend has been DOWN since Jul 10th, 2024 at 322.33
The short-term trend has been DOWN since Jul 19th, 2024 at 317.21
Smart Scan Analysis for SG1MCI
Based on our trend formula, SG1MCI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 313.86 | 313.93 | 308.68 | 310.07 | -4.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 314.08 | 0 | 2024-07-26 15:33:23 |