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Index Trend Analysis Report

Prepared for you on Friday, August 14, 2020.

S&P GSCI Aluminum ER (CME:SPGSIAP)

Countertrend Up (+85) - SPGSIAP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
22.249 22.268 22.224 22.237 -0.012
Entry Signal

MarketClub’s Trade Triangles for SPGSIAP

long term up The long-term trend has been UP since Jul 8th, 2020 at 20.928

intermediate term up The intermediate-term trend has been UP since May 27th, 2020 at 19.570

short term down The short-term trend has been DOWN since Aug 13th, 2020 at 22.206

Smart Scan Analysis for SPGSIAP

Based on our trend formula, SPGSIAP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPGSIAP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.249 22.268 22.224 22.237 -0.012
Prev. Close Volume Bid Ask Time
20.281 0 2020-08-14 03:11:40
52wk High37.666952wk High Date2018-04-19
52wk Low26.2508152wk Low Date2018-11-28
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