Index Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
S&P GSCI All Metals Capped Commodity TR (CME:SPGSAMCTR)
Long-Term Uptrend (+90) - SPGSAMCTR is in a strong uptrend that is likely to continue. While SPGSAMCTR 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 SPGSAMCTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSAMCTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSAMCTR
The long-term trend has been UP since Oct 13th, 2021 at 318.756
The intermediate-term trend has been UP since Oct 11th, 2021 at 310.715
The short-term trend has been UP since Oct 4th, 2021 at 305.367
Smart Scan Analysis for SPGSAMCTR
Based on our trend formula, SPGSAMCTR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||275.6084||52wk High Date||2018-04-19|
|52wk Low||219.0496||52wk Low Date||2018-08-15|