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Index Trend Analysis Report
Prepared for you on Wednesday, December 4, 2024.
S&P GSCI Inverse Crude Oil ER (CME:SPGSICLP)
Weak Uptrend (+65) - SPGSICLP is showing signs of weakening momentum to the upside. Monitor SPGSICLP as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for SPGSICLP
The long-term trend has been UP since Jun 3rd, 2024 at 1.5313
The intermediate-term trend has been UP since Oct 28th, 2024 at 1.5247
The short-term trend has been DOWN since Dec 3rd, 2024 at 1.4691
Smart Scan Analysis for SPGSICLP
Based on our trend formula, SPGSICLP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.4591 | 1.4693 | 1.4509 | 1.4662 | +0.0061 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.4601 | 0 | 2024-12-04 10:27:00 |