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Index Trend Analysis Report

Prepared for you on Thursday, November 21, 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.

CME_SPGSIGCP
Open High Low SPGSIGCP Price Change
14.448 14.460 14.317 14.319 -0.126
Entry Signal

MarketClub’s Trade Triangles for SPGSIGCP

long term down The long-term trend has been DOWN since Nov 27th, 2023 at 18.356

intermediate term up The intermediate-term trend has been UP since Nov 11th, 2024 at 14.512

short term down The short-term trend has been DOWN since Nov 18th, 2024 at 14.772

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
14.448 14.460 14.317 14.319 -0.126
Prev. Close Volume Bid Ask Time
14.445 0 2024-11-21 21:21:00
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