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Index Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

S&P GSCI All Metals (CME:SPGSAM)

Countertrend Up (+85) - SPGSAM is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

CME_SPGSAM
Open High Low SPGSAM Price Change
301.24 304.32 300.05 303.99 +2.26
Entry Signal

MarketClub’s Trade Triangles for SPGSAM

long term up The long-term trend has been UP since Sep 24th, 2024 at 297.19

intermediate term up The intermediate-term trend has been UP since Sep 16th, 2024 at 291.93

short term down The short-term trend has been DOWN since Oct 25th, 2024 at 301.65

Smart Scan Analysis for SPGSAM

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

+85
Smart Scan Analysis for SPGSAM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
301.24 304.32 300.05 303.99 +2.26
Prev. Close Volume Bid Ask Time
304.00 0 2024-10-25 13:43:00
52wk High226.758152wk High Date2018-04-19
52wk Low180.447752wk Low Date2018-08-15
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