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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P GSCI North American Copper ER (CME:SPGSHGP)

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

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

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

CME_SPGSHGP
Open High Low SPGSHGP Price Change
286.19 287.97 284.68 287.83 +1.26
Entry Signal

MarketClub’s Trade Triangles for SPGSHGP

long term down The long-term trend has been DOWN since Jul 24th, 2024 at 288.76

intermediate term down The intermediate-term trend has been DOWN since Dec 19th, 2024 at 285.38

short term down The short-term trend has been DOWN since Dec 13th, 2024 at 294.68

Smart Scan Analysis for SPGSHGP

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

-90
Smart Scan Analysis for SPGSHGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
286.19 287.97 284.68 287.83 +1.26
Prev. Close Volume Bid Ask Time
286.57 0 2024-12-26 06:38:00
52wk High265.16352wk High Date2017-12-28
52wk Low200.386952wk Low Date2018-08-15
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