Index Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
S&P GSCI Aluminum (CME:SPGSIA)
Long-Term Downtrend (-90) - SPGSIA is in a strong downtrend that is likely to continue. While SPGSIA 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 SPGSIA?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSIA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSIA
The long-term trend has been DOWN since May 3rd, 2022 at 188.8517
The intermediate-term trend has been DOWN since Mar 15th, 2022 at 207.7981
The short-term trend has been DOWN since Jun 30th, 2022 at 154.9100
Smart Scan Analysis for SPGSIA
Based on our trend formula, SPGSIA is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||173.3214||52wk High Date||2018-04-19|
|52wk Low||121.0579||52wk Low Date||2018-11-28|