Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Monday, May 16, 2022.

S&P GSCI Gold (CME:SPGSGC)

Crossroads (-60) - SPGSGC is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPGSGC
Open High Low SPGSGC Price Change
1054.90 1061.07 1043.32 1059.85 +3.26
Entry Signal

MarketClub’s Trade Triangles for SPGSGC

long term up The long-term trend has been UP since Nov 10th, 2021 at 1069.40

intermediate term down The intermediate-term trend has been DOWN since Apr 25th, 2022 at 1116.67

short term down The short-term trend has been DOWN since May 9th, 2022 at 1083.55

Smart Scan Analysis for SPGSGC

Based on our trend formula, SPGSGC is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPGSGC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1054.90 1061.07 1043.32 1059.85 +3.26
Prev. Close Volume Bid Ask Time
1056.59 0 2022-05-16 15:34:03
52wk High797.915752wk High Date2018-01-25
52wk Low679.494752wk Low Date2018-08-16
Get a free daily analysis and signals for S&P GSCI Gold (SPGSGC) - Request Your Free Report.