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Index Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
S&P GSCI 1 Month Forward TR (CME:SG1MCITR)
Weak Downtrend (-65) - SG1MCITR is showing signs of a strengthening downtrend. Monitor SG1MCITR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SG1MCITR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SG1MCITR.
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 SG1MCITR
The long-term trend has been UP since Mar 1st, 2024 at 420.99
The intermediate-term trend has been DOWN since May 1st, 2024 at 439.26
The short-term trend has been DOWN since Apr 30th, 2024 at 446.21
Smart Scan Analysis for SG1MCITR
Based on our trend formula, SG1MCITR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 439.41 | 440.09 | 431.92 | 432.64 | -6.95 |
| Prev. Close | Volume | Bid | Ask | Time |
| 439.59 | 0 | 2024-05-01 15:09:56 |