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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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

Long-Term Downtrend (-90) - SPGDESTR is in a strong downtrend that is likely to continue. While SPGDESTR 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 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
48.77 48.97 48.69 48.96 +0.18
Entry Signal

MarketClub’s Trade Triangles for SPGDESTR

long term down The long-term trend has been DOWN since Nov 11th, 2024 at 48.70

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2024 at 50.14

short term down The short-term trend has been DOWN since Dec 18th, 2024 at 48.58

Smart Scan Analysis for SPGDESTR

Based on our trend formula, SPGDESTR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPGDESTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
48.77 48.97 48.69 48.96 +0.18
Prev. Close Volume Bid Ask Time
48.78 0 2024-12-26 04:56:00
52wk High74.8152wk High Date2018-02-06
52wk Low56.1352wk Low Date2018-10-01
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