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.
MarketClub’s Trade Triangles for SPGDESP
The long-term trend has been DOWN since Jun 2nd, 2020 at 43.52
The intermediate-term trend has been DOWN since Sep 16th, 2021 at 28.67
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).
|52wk High||49.71||52wk High Date||2018-02-06|
|52wk Low||36.84||52wk Low Date||2018-10-01|