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Index Trend Analysis Report

Prepared for you on Friday, May 24, 2024.

S&P GSCI 1 Month Forward (CME:SG1MCI)

Crossroads (+60) - SG1MCI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

CME_SG1MCI
Open High Low SG1MCI Price Change
328.53 330.15 327.15 329.96 +1.32
Entry Signal

MarketClub’s Trade Triangles for SG1MCI

long term up The long-term trend has been UP since Mar 8th, 2024 at 321.22

intermediate term down The intermediate-term trend has been DOWN since Apr 30th, 2024 at 330.83

short term down The short-term trend has been DOWN since May 22nd, 2024 at 331.55

Smart Scan Analysis for SG1MCI

Based on our trend formula, SG1MCI is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SG1MCI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
328.53 330.15 327.15 329.96 +1.32
Prev. Close Volume Bid Ask Time
328.64 0 2024-05-24 13:01:25
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