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Index Trend Analysis Report
Prepared for you on Friday, January 24, 2025.
S&P Gold - Equity Spread Index ER (CME:SPGDESP)
Sidelines Mode (-55) - SPGDESP 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 SPGDESP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGDESP.
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 SPGDESP
The long-term trend has been DOWN since Nov 11th, 2024 at 27.90
The intermediate-term trend has been UP since Jan 2nd, 2025 at 28.43
The short-term trend has been DOWN since Jan 14th, 2025 at 28.67
Smart Scan Analysis for SPGDESP
Based on our trend formula, SPGDESP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 28.60 | 28.75 | 28.51 | 28.65 | +0.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 28.59 | 0 | 2025-01-24 15:58:00 |
| 52wk High | 49.71 | 52wk High Date | 2018-02-06 |
| 52wk Low | 36.84 | 52wk Low Date | 2018-10-01 |