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Index Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

S&P GSCI Lead ER (CME:SPGSILP)

Crossroads (+60) - SPGSILP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
199.23 200.41 198.10 198.44 -0.75
Entry Signal

MarketClub’s Trade Triangles for SPGSILP

long term down The long-term trend has been DOWN since Feb 13th, 2024 at 177.80

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2024 at 189.30

short term up The short-term trend has been UP since May 13th, 2024 at 196.14

Smart Scan Analysis for SPGSILP

Based on our trend formula, SPGSILP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SPGSILP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
199.23 200.41 198.10 198.44 -0.75
Prev. Close Volume Bid Ask Time
198.44 0 2024-05-17 15:44:00
52wk High248.260152wk High Date2018-02-02
52wk Low172.133952wk Low Date2018-10-11
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