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Index Trend Analysis Report

Prepared for you on Wednesday, September 27, 2023.

S&P GSCI Nickel Dynamic Roll ER (CME:SPDYIKP)

Long-Term Downtrend (-90) - SPDYIKP is in a strong downtrend that is likely to continue. While SPDYIKP 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 SPDYIKP?

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

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

CME_SPDYIKP
Open High Low SPDYIKP Price Change
394.54 402.34 392.33 399.81 +0.70
Entry Signal

MarketClub’s Trade Triangles for SPDYIKP

long term down The long-term trend has been DOWN since Mar 2nd, 2023 at 531.58

intermediate term down The intermediate-term trend has been DOWN since Aug 9th, 2023 at 441.25

short term down The short-term trend has been DOWN since Sep 7th, 2023 at 435.11

Smart Scan Analysis for SPDYIKP

Based on our trend formula, SPDYIKP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPDYIKP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
394.54 402.34 392.33 399.81 +0.70
Prev. Close Volume Bid Ask Time
399.11 0 2023-09-27 11:32:38
52wk High389.510252wk High Date2018-04-19
52wk Low247.60252wk Low Date2018-11-27
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