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Index Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
S&P GSCI Brent Crude Dynamic Roll ER (CME:SPDYBRP)
Sidelines Mode (-55) - SPDYBRP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPDYBRP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPDYBRP.
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 SPDYBRP
The long-term trend has been UP since Mar 17th, 2024 at 1117.74
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 1135.86
The short-term trend has been UP since Apr 24th, 2024 at 1162.62
Smart Scan Analysis for SPDYBRP
Based on our trend formula, SPDYBRP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1161.69 | 1165.28 | 1151.73 | 1154.65 | -6.65 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1161.30 | 0 | 2024-04-24 22:05:53 |