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Index Trend Analysis Report

Prepared for you on Wednesday, July 24, 2024.

S&P GSCI FPI (CME:SPGSFPI)

Long-Term Downtrend (-90) - SPGSFPI is in a strong downtrend that is likely to continue. While SPGSFPI 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 SPGSFPI?

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

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

CME_SPGSFPI
Open High Low SPGSFPI Price Change
552.37 555.19 551.35 554.97 +2.20
Entry Signal

MarketClub’s Trade Triangles for SPGSFPI

long term down The long-term trend has been DOWN since Jul 19th, 2024 at 555.78

intermediate term down The intermediate-term trend has been DOWN since Jul 15th, 2024 at 572.11

short term down The short-term trend has been DOWN since Jul 8th, 2024 at 584.52

Smart Scan Analysis for SPGSFPI

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

-90
Smart Scan Analysis for SPGSFPI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
552.37 555.19 551.35 554.97 +2.20
Prev. Close Volume Bid Ask Time
552.77 0 2024-07-24 07:37:00
52wk High504.329452wk High Date2018-10-03
52wk Low400.024652wk Low Date2018-11-29
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