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Index Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

S&P GSCI Energy & Metals ER (CME:SPGSEMP)

Sidelines Mode (-55) - SPGSEMP 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 SPGSEMP?

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

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

CME_SPGSEMP
Open High Low SPGSEMP Price Change
125.514 126.468 125.355 126.071 +0.493
Entry Signal

MarketClub’s Trade Triangles for SPGSEMP

long term down The long-term trend has been DOWN since Jun 4th, 2024 at 117.795

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2024 at 124.858

short term up The short-term trend has been UP since Jun 18th, 2024 at 124.258

Smart Scan Analysis for SPGSEMP

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

-55
Smart Scan Analysis for SPGSEMP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
125.514 126.468 125.355 126.071 +0.493
Prev. Close Volume Bid Ask Time
125.578 0 2024-06-20 15:08:00
52wk High115.413652wk High Date2018-10-03
52wk Low85.366352wk Low Date2018-11-29
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