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Index Trend Analysis Report

Prepared for you on Saturday, September 24, 2022.

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

Crossroads (+60) - SPGDESP is struggling to move into a solid trend. Beware of choppy markets 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.

CME_SPGDESP
Open High Low SPGDESP Price Change
30.15 30.56 30.03 30.24 +0.11
Entry Signal

MarketClub’s Trade Triangles for SPGDESP

long term down The long-term trend has been DOWN since Jul 20th, 2022 at 29.63

intermediate term up The intermediate-term trend has been UP since Sep 6th, 2022 at 29.79

short term up The short-term trend has been UP since Sep 16th, 2022 at 29.55

Smart Scan Analysis for SPGDESP

Based on our trend formula, SPGDESP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SPGDESP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.15 30.56 30.03 30.24 +0.11
Prev. Close Volume Bid Ask Time
30.24 0 2022-09-23 16:20:07
52wk High49.7152wk High Date2018-02-06
52wk Low36.8452wk Low Date2018-10-01
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