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Index Trend Analysis Report

Prepared for you on Friday, May 20, 2022.

S&P GSCI Brent Crude (CME:SPGSBR)

Bull Market Weakness (+75) - SPGSBR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGSBR as it may be in the beginning stages of a reversal.

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

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

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

CME_SPGSBR
Open High Low SPGSBR Price Change
920.51 935.58 883.75 929.28 +22.64
Entry Signal

MarketClub’s Trade Triangles for SPGSBR

long term up The long-term trend has been UP since Jan 17th, 2022 at 729.96

intermediate term up The intermediate-term trend has been UP since May 5th, 2022 at 966.89

short term down The short-term trend has been DOWN since May 19th, 2022 at 902.38

Smart Scan Analysis for SPGSBR

Based on our trend formula, SPGSBR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SPGSBR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
920.51 935.58 883.75 929.28 +22.64
Prev. Close Volume Bid Ask Time
906.64 0 2022-05-19 20:29:35
52wk High738.128452wk High Date2018-10-03
52wk Low491.915452wk Low Date2018-11-29
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