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Index Trend Analysis Report

Prepared for you on Sunday, December 22, 2024.

S&P GSCI Copper TR (CME:SPGSICTR)

Long-Term Downtrend (-90) - SPGSICTR is in a strong downtrend that is likely to continue. While SPGSICTR 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 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
5881.83 5899.36 5853.06 5894.95 +19.40
Entry Signal

MarketClub’s Trade Triangles for SPGSICTR

long term down The long-term trend has been DOWN since Dec 19th, 2024 at 5843.11

intermediate term down The intermediate-term trend has been DOWN since Dec 19th, 2024 at 5871.36

short term down The short-term trend has been DOWN since Dec 12th, 2024 at 5990.07

Smart Scan Analysis for SPGSICTR

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

-90
Smart Scan Analysis for SPGSICTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5881.83 5899.36 5853.06 5894.95 +19.40
Prev. Close Volume Bid Ask Time
5894.95 0 2024-12-20 15:39:00
52wk High4438.34352wk High Date2018-06-07
52wk Low3489.85752wk Low Date2018-08-15
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