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Index Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

S&P Global Natural Resources Index (CME:SPGNRUP)

Long-Term Uptrend (+90) - SPGNRUP is in a strong uptrend that is likely to continue. While SPGNRUP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

CME_SPGNRUP
Open High Low SPGNRUP Price Change
2960.49 2968.92 2958.67 2965.04 +14.31
Entry Signal

MarketClub’s Trade Triangles for SPGNRUP

long term up The long-term trend has been UP since Oct 15th, 2021 at 2947.64

intermediate term up The intermediate-term trend has been UP since Oct 8th, 2021 at 2849.04

short term up The short-term trend has been UP since Oct 4th, 2021 at 2799.62

Smart Scan Analysis for SPGNRUP

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

+90
Smart Scan Analysis for SPGNRUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2960.49 2968.92 2958.67 2965.04 +14.31
Prev. Close Volume Bid Ask Time
2950.73 0 2021-10-19 07:41:30
52wk High2884.7952wk High Date2018-01-25
52wk Low2346.3752wk Low Date2018-11-28
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