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Index Trend Analysis Report

Prepared for you on Monday, September 20, 2021.

S&P Gold - Equity Spread Index ER (CME:SPGDESP)

Weak Downtrend (-65) - SPGDESP is showing signs of a strengthening downtrend. Monitor SPGDESP as it may be building momentum to the downside.

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.

CME_SPGDESP
Open High Low SPGDESP Price Change
29.02 29.52 28.98 29.46 +0.74
Entry Signal

MarketClub’s Trade Triangles for SPGDESP

long term down The long-term trend has been DOWN since Jun 2nd, 2020 at 43.52

intermediate term down The intermediate-term trend has been DOWN since Sep 16th, 2021 at 28.67

short term down The short-term trend has been DOWN since Sep 16th, 2021 at 28.93

Smart Scan Analysis for SPGDESP

Based on our trend formula, SPGDESP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SPGDESP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.02 29.52 28.98 29.46 +0.74
Prev. Close Volume Bid Ask Time
28.72 0 2021-09-20 12:32:53
52wk High49.7152wk High Date2018-02-06
52wk Low36.8452wk Low Date2018-10-01
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