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Index Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

S&P GSCI Unleaded Gasoline TR (CME:SPGSHUTR)

Sidelines Mode (-55) - SPGSHUTR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPGSHUTR
Open High Low SPGSHUTR Price Change
6267.40 6307.11 6200.97 6209.96 -53.20
Entry Signal

MarketClub’s Trade Triangles for SPGSHUTR

long term up The long-term trend has been UP since Feb 8th, 2024 at 6167.84

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 6535.85

short term up The short-term trend has been UP since May 27th, 2024 at 6246.67

Smart Scan Analysis for SPGSHUTR

Based on our trend formula, SPGSHUTR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPGSHUTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6267.40 6307.11 6200.97 6209.96 -53.20
Prev. Close Volume Bid Ask Time
6263.16 0 2024-05-29 10:13:00
52wk High3154.28952wk High Date2018-10-03
52wk Low2009.30252wk Low Date2018-11-29
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