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Index Trend Analysis Report

Prepared for you on Sunday, May 19, 2024.

S&P Gold - Equity Spread Index TR (CME:SPGDESTR)

Weak Uptrend (+65) - SPGDESTR is showing signs of weakening momentum to the upside. Monitor SPGDESTR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SPGDESTR?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPGDESTR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPGDESTR
Open High Low SPGDESTR Price Change
49.52 50.40 49.50 50.22 +0.74
Entry Signal

MarketClub’s Trade Triangles for SPGDESTR

long term up The long-term trend has been UP since Apr 2nd, 2024 at 47.81

intermediate term down The intermediate-term trend has been DOWN since May 8th, 2024 at 49.03

short term up The short-term trend has been UP since May 17th, 2024 at 49.92

Smart Scan Analysis for SPGDESTR

Based on our trend formula, SPGDESTR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SPGDESTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
49.52 50.40 49.50 50.22 +0.74
Prev. Close Volume Bid Ask Time
50.19 0 2024-05-17 15:58:00
52wk High74.8152wk High Date2018-02-06
52wk Low56.1352wk Low Date2018-10-01
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