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Index Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
S&P GSCI Inverse Gold ER (CME:SPGSIGCP)
Bear Market Rally (-75) - SPGSIGCP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSIGCP as it may be in the beginning 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.
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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 UP since Apr 30th, 2024 at 16.408
The short-term trend has been DOWN since May 6th, 2024 at 16.224
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.022 | 16.032 | 15.846 | 15.909 | -0.124 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.033 | 0 | 2024-05-10 13:45:00 |