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Index Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

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

Sidelines Mode (-55) - SPGSIGCP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
20.009 20.257 19.960 20.053 +0.094
Entry Signal

MarketClub’s Trade Triangles for SPGSIGCP

long term down The long-term trend has been DOWN since Jan 6th, 2021 at 18.482

intermediate term up The intermediate-term trend has been UP since Jan 11th, 2021 at 19.747

short term down The short-term trend has been DOWN since Feb 22nd, 2021 at 20.152

Smart Scan Analysis for SPGSIGCP

Based on our trend formula, SPGSIGCP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPGSIGCP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.009 20.257 19.960 20.053 +0.094
Prev. Close Volume Bid Ask Time
19.959 0 2021-02-24 20:29:31
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