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Index Trend Analysis Report

Prepared for you on Tuesday, May 24, 2022.

S&P GSCI Copper TR (CME:SPGSICTR)

Bear Market Rally (-75) - SPGSICTR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSICTR as it may be in the beginning of a reversal.

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

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

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

CME_SPGSICTR
Open High Low SPGSICTR Price Change
5885.14 5903.15 5830.80 5874.58 -41.30
Entry Signal

MarketClub’s Trade Triangles for SPGSICTR

long term down The long-term trend has been DOWN since May 2nd, 2022 at 5921.16

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2022 at 6305.01

short term up The short-term trend has been UP since May 17th, 2022 at 5828.93

Smart Scan Analysis for SPGSICTR

Based on our trend formula, SPGSICTR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SPGSICTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5885.14 5903.15 5830.80 5874.58 -41.30
Prev. Close Volume Bid Ask Time
5915.88 0 2022-05-24 10:47:11
52wk High4438.34352wk High Date2018-06-07
52wk Low3489.85752wk Low Date2018-08-15
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