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Index Trend Analysis Report

Prepared for you on Thursday, December 7, 2023.

S&P GSCI Enhanced Commodity ER (CME:SPGSCIESP)

Strong Downtrend (-100) - SPGSCIESP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPGSCIESP continues to fall. Traders should use caution and set stops.

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

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

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

CME_SPGSCIESP
Open High Low SPGSCIESP Price Change
299.58 301.62 298.01 299.00 -0.29
Entry Signal

MarketClub’s Trade Triangles for SPGSCIESP

long term down The long-term trend has been DOWN since Nov 7th, 2023 at 322.48

intermediate term down The intermediate-term trend has been DOWN since Oct 2nd, 2023 at 340.77

short term down The short-term trend has been DOWN since Dec 1st, 2023 at 312.53

Smart Scan Analysis for SPGSCIESP

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

-100
Smart Scan Analysis for SPGSCIESP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
299.58 301.62 298.01 299.00 -0.29
Prev. Close Volume Bid Ask Time
299.29 0 2023-12-07 15:03:00
52wk High279.550852wk High Date2018-10-03
52wk Low220.902452wk Low Date2018-11-29
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