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Index Trend Analysis Report

Prepared for you on Thursday, December 8, 2022.

S&P GSCI TR (CME:SPGSCITR)

Long-Term Downtrend (-90) - SPGSCITR is in a strong downtrend that is likely to continue. While SPGSCITR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

CME_SPGSCITR
Open High Low SPGSCITR Price Change
3285.92 3298.77 3285.86 3298.77 +10.54
Entry Signal

MarketClub’s Trade Triangles for SPGSCITR

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 3580.05

intermediate term down The intermediate-term trend has been DOWN since Nov 18th, 2022 at 3488.86

short term down The short-term trend has been DOWN since Dec 5th, 2022 at 3475.56

Smart Scan Analysis for SPGSCITR

Based on our trend formula, SPGSCITR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPGSCITR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3285.92 3298.77 3285.86 3298.77 +10.54
Prev. Close Volume Bid Ask Time
3288.23 0 2022-12-08 01:36:06
52wk High2966.85752wk High Date2018-10-03
52wk Low2350.82952wk Low Date2018-11-29
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