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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

S&P GSCI Lead ER (CME:SPGSILP)

Long-Term Downtrend (-90) - SPGSILP is in a strong downtrend that is likely to continue. While SPGSILP 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 SPGSILP?

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

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

CME_SPGSILP
Open High Low SPGSILP Price Change
173.58 177.13 172.51 176.50 +2.92
Entry Signal

MarketClub’s Trade Triangles for SPGSILP

long term down The long-term trend has been DOWN since Jul 23rd, 2024 at 176.24

intermediate term down The intermediate-term trend has been DOWN since Jul 16th, 2024 at 184.78

short term down The short-term trend has been DOWN since Jul 18th, 2024 at 184.18

Smart Scan Analysis for SPGSILP

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

-90
Smart Scan Analysis for SPGSILP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
173.58 177.13 172.51 176.50 +2.92
Prev. Close Volume Bid Ask Time
173.58 0 2024-07-26 15:33:00
52wk High248.260152wk High Date2018-02-02
52wk Low172.133952wk Low Date2018-10-11
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