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Index Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

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

Countertrend Down (-85) - SPGDESTR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
50.24 50.61 49.98 50.18 -0.09
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 up The short-term trend has been UP since Nov 15th, 2024 at 48.83

Smart Scan Analysis for SPGDESTR

Based on our trend formula, SPGDESTR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SPGDESTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.24 50.61 49.98 50.18 -0.09
Prev. Close Volume Bid Ask Time
50.27 0 2024-11-21 11:37:00
52wk High74.8152wk High Date2018-02-06
52wk Low56.1352wk Low Date2018-10-01
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