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Index Trend Analysis Report

Prepared for you on Saturday, December 2, 2023.

S&P GSCI Unleaded Gasoline ER (CME:SPGSHUP)

Bear Market Rally (-75) - SPGSHUP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSHUP as it may be in the beginning of a reversal.

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

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

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

CME_SPGSHUP
Open High Low SPGSHUP Price Change
2003.89 2034.05 1963.91 1965.30 -37.20
Entry Signal

MarketClub’s Trade Triangles for SPGSHUP

long term down The long-term trend has been DOWN since Nov 8th, 2023 at 1962.52

intermediate term up The intermediate-term trend has been UP since Nov 29th, 2023 at 2077.73

short term down The short-term trend has been DOWN since Dec 1st, 2023 at 1985.20

Smart Scan Analysis for SPGSHUP

Based on our trend formula, SPGSHUP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SPGSHUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2003.89 2034.05 1963.91 1965.30 -37.20
Prev. Close Volume Bid Ask Time
1962.71 0 2023-12-01 14:27:00
52wk High1212.05252wk High Date2018-10-03
52wk Low769.136452wk Low Date2018-11-29
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