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Index Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

S&P GSCI Inverse Gold ER (CME:SPGSIGCP)

Bull Market Weakness (+75) - SPGSIGCP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGSIGCP as it may be in the beginning stages of a reversal.

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

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

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

CME_SPGSIGCP
Open High Low SPGSIGCP Price Change
20.176 20.284 20.083 20.270 +0.110
Entry Signal

MarketClub’s Trade Triangles for SPGSIGCP

long term up The long-term trend has been UP since Jul 1st, 2022 at 19.744

intermediate term down The intermediate-term trend has been DOWN since Aug 1st, 2022 at 20.117

short term up The short-term trend has been UP since Aug 15th, 2022 at 19.947

Smart Scan Analysis for SPGSIGCP

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

+75
Smart Scan Analysis for SPGSIGCP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.176 20.284 20.083 20.270 +0.110
Prev. Close Volume Bid Ask Time
20.270 0 2022-08-18 20:29:06
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