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Index Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

S&P GSCI Gold TR (CME:SPGSGCTR)

Countertrend Up (+85) - SPGSGCTR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

CME_SPGSGCTR
Open High Low SPGSGCTR Price Change
1359.57 1367.61 1354.66 1366.96 +7.19
Entry Signal

MarketClub’s Trade Triangles for SPGSGCTR

long term up The long-term trend has been UP since Oct 20th, 2023 at 997.73

intermediate term up The intermediate-term trend has been UP since Jul 5th, 2024 at 1185.19

short term down The short-term trend has been DOWN since Oct 23rd, 2024 at 1355.02

Smart Scan Analysis for SPGSGCTR

Based on our trend formula, SPGSGCTR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPGSGCTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1359.57 1367.61 1354.66 1366.96 +7.19
Prev. Close Volume Bid Ask Time
1367.16 0 2024-10-25 13:43:00
52wk High725.98552wk High Date2018-01-25
52wk Low613.36452wk Low Date2018-08-16
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