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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P GSCI North American Copper TR (CME:SPGSHGTR)

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

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

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

CME_SPGSHGTR
Open High Low SPGSHGTR Price Change
585.54 587.68 582.46 587.40 +1.07
Entry Signal

MarketClub’s Trade Triangles for SPGSHGTR

long term down The long-term trend has been DOWN since Aug 5th, 2024 at 577.77

intermediate term down The intermediate-term trend has been DOWN since Dec 19th, 2024 at 582.21

short term down The short-term trend has been DOWN since Dec 13th, 2024 at 601.98

Smart Scan Analysis for SPGSHGTR

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

-90
Smart Scan Analysis for SPGSHGTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
585.54 587.68 582.46 587.40 +1.07
Prev. Close Volume Bid Ask Time
586.33 0 2024-12-26 05:17:00
52wk High458.52752wk High Date2017-12-28
52wk Low350.281552wk Low Date2018-08-15
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