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Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

S&P GSCI Lead (CME:SPGSIL)

Long-Term Downtrend (-90) - SPGSIL is in a strong downtrend that is likely to continue. While SPGSIL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

CME_SPGSIL
Open High Low SPGSIL Price Change
298.46 306.71 296.59 305.14 +6.45
Entry Signal

MarketClub’s Trade Triangles for SPGSIL

long term down The long-term trend has been DOWN since Feb 13th, 2024 at 300.53

intermediate term down The intermediate-term trend has been DOWN since Mar 22nd, 2024 at 303.77

short term down The short-term trend has been DOWN since Mar 28th, 2024 at 297.68

Smart Scan Analysis for SPGSIL

Based on our trend formula, SPGSIL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPGSIL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
298.46 306.71 296.59 305.14 +6.45
Prev. Close Volume Bid Ask Time
298.69 0 2024-03-28 13:13:00
52wk High403.224952wk High Date2018-02-02
52wk Low280.765152wk Low Date2018-10-11
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