Index Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
S&P GSCI Enhanced Commodity (CME:SPGSCIES)
Bull Market Weakness (+75) - SPGSCIES is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGSCIES as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPGSCIES?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSCIES.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSCIES
The long-term trend has been DOWN since Feb 3rd, 2020 at 219.66
The intermediate-term trend has been UP since Apr 6th, 2020 at 168.06
The short-term trend has been UP since May 26th, 2020 at 178.47
Smart Scan Analysis for SPGSCIES
Based on our trend formula, SPGSCIES is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||285.1694||52wk High Date||2018-10-03|
|52wk Low||226.2492||52wk Low Date||2018-11-29|