Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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.
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MarketClub’s Trade Triangles for SPGSIGCP
The long-term trend has been DOWN since Nov 27th, 2023 at 18.356
The intermediate-term trend has been DOWN since Jul 5th, 2024 at 15.959
The short-term trend has been UP since Jul 25th, 2024 at 16.006
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.994 | 16.037 | 15.865 | 15.924 | -0.040 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.964 | 0 | 2024-07-26 15:33:00 |