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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P GSCI Brent Crude TR (CME:SPGSBRTR)

Sidelines Mode (-55) - SPGSBRTR 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 SPGSBRTR?

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

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

CME_SPGSBRTR
Open High Low SPGSBRTR Price Change
950.81 954.84 948.61 954.32 +2.47
Entry Signal

MarketClub’s Trade Triangles for SPGSBRTR

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 944.28

intermediate term down The intermediate-term trend has been DOWN since Oct 28th, 2024 at 920.31

short term up The short-term trend has been UP since Dec 24th, 2024 at 946.72

Smart Scan Analysis for SPGSBRTR

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

-55
Smart Scan Analysis for SPGSBRTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
950.81 954.84 948.61 954.32 +2.47
Prev. Close Volume Bid Ask Time
951.85 0 2024-12-26 06:22:00
52wk High712.0552wk High Date2018-10-03
52wk Low475.12952wk Low Date2017-12-07
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