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.
MarketClub’s Trade Triangles for SPGSHUP
The long-term trend has been DOWN since Nov 8th, 2023 at 1962.52
The intermediate-term trend has been UP since Nov 29th, 2023 at 2077.73
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).
|52wk High||1212.052||52wk High Date||2018-10-03|
|52wk Low||769.1364||52wk Low Date||2018-11-29|