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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

S&P GSCI Brent Crude ER (CME:SPGSBRP)

Sidelines Mode (+55) - SPGSBRP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPGSBRP
Open High Low SPGSBRP Price Change
651.80 656.32 648.99 652.47 +0.81
Entry Signal

MarketClub’s Trade Triangles for SPGSBRP

long term up The long-term trend has been UP since Mar 1st, 2024 at 606.63

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 633.04

short term up The short-term trend has been UP since Apr 24th, 2024 at 647.88

Smart Scan Analysis for SPGSBRP

Based on our trend formula, SPGSBRP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPGSBRP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
651.80 656.32 648.99 652.47 +0.81
Prev. Close Volume Bid Ask Time
651.66 0 2024-04-26 14:51:00
52wk High499.066652wk High Date2018-10-03
52wk Low333.133152wk Low Date2018-11-29
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