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Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
S&P Gold - Equity Spread Index ER (CME:SPGDESP)
Long-Term Downtrend (-90) - SPGDESP is in a strong downtrend that is likely to continue. While SPGDESP 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 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 DOWN since Nov 6th, 2024 at 28.46
The short-term trend has been DOWN since Dec 18th, 2024 at 27.36
Smart Scan Analysis for SPGDESP
Based on our trend formula, SPGDESP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 27.44 | 27.54 | 27.39 | 27.54 | +0.10 |
| Prev. Close | Volume | Bid | Ask | Time |
| 27.44 | 0 | 2024-12-26 04:53:00 |
| 52wk High | 49.71 | 52wk High Date | 2018-02-06 |
| 52wk Low | 36.84 | 52wk Low Date | 2018-10-01 |