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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
S&P GSCI Energy & Metals ER (CME:SPGSEMP)
Long-Term Downtrend (-90) - SPGSEMP is in a strong downtrend that is likely to continue. While SPGSEMP 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 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.
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MarketClub’s Trade Triangles for SPGSEMP
The long-term trend has been DOWN since Jun 4th, 2024 at 117.795
The intermediate-term trend has been DOWN since Jul 16th, 2024 at 124.171
The short-term trend has been DOWN since Jul 19th, 2024 at 122.967
Smart Scan Analysis for SPGSEMP
Based on our trend formula, SPGSEMP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 120.679 | 120.757 | 118.265 | 119.148 | -1.641 |
| Prev. Close | Volume | Bid | Ask | Time |
| 120.789 | 0 | 2024-07-26 15:33:00 |
| 52wk High | 115.4136 | 52wk High Date | 2018-10-03 |
| 52wk Low | 85.3663 | 52wk Low Date | 2018-11-29 |