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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

S&P GSCI Inverse Crude Oil ER (CME:SPGSICLP)

Crossroads (+60) - SPGSICLP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPGSICLP
Open High Low SPGSICLP Price Change
1.4036 1.4274 1.3910 1.4065 +0.0022
Entry Signal

MarketClub’s Trade Triangles for SPGSICLP

long term down The long-term trend has been DOWN since Mar 1st, 2024 at 1.4807

intermediate term up The intermediate-term trend has been UP since Apr 22nd, 2024 at 1.4242

short term up The short-term trend has been UP since Apr 22nd, 2024 at 1.4242

Smart Scan Analysis for SPGSICLP

Based on our trend formula, SPGSICLP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SPGSICLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4036 1.4274 1.3910 1.4065 +0.0022
Prev. Close Volume Bid Ask Time
1.4043 0 2024-04-23 10:02:00
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