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Index Trend Analysis Report

Prepared for you on Sunday, February 23, 2020.

S&P GSCI Aluminum ER (CME:SPGSIAP)

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

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

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

CME_SPGSIAP
Open High Low SPGSIAP Price Change
22.284 22.454 22.231 22.405 +0.069
Entry Signal

MarketClub’s Trade Triangles for SPGSIAP

long term down The long-term trend has been DOWN since Jan 31st, 2020 at 22.492

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2020 at 23.510

short term down The short-term trend has been DOWN since Feb 18th, 2020 at 22.447

Smart Scan Analysis for SPGSIAP

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

-90
Smart Scan Analysis for SPGSIAP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.284 22.454 22.231 22.405 +0.069
Prev. Close Volume Bid Ask Time
23.677 0 2020-02-21 15:28:31
52wk High37.666952wk High Date2018-04-19
52wk Low26.2508152wk Low Date2018-11-28
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