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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

S&P GSCI Industrial Metals (CME:SPGSIN)

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

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

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

CME_SPGSIN
Open High Low SPGSIN Price Change
426.09 427.50 423.86 426.36 +0.16
Entry Signal

MarketClub’s Trade Triangles for SPGSIN

long term down The long-term trend has been DOWN since Jul 24th, 2024 at 423.07

intermediate term down The intermediate-term trend has been DOWN since Jun 7th, 2024 at 470.69

short term down The short-term trend has been DOWN since Jul 9th, 2024 at 465.57

Smart Scan Analysis for SPGSIN

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

-90
Smart Scan Analysis for SPGSIN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
426.09 427.50 423.86 426.36 +0.16
Prev. Close Volume Bid Ask Time
426.20 0 2024-07-26 15:33:00
52wk High422.746752wk High Date2018-04-19
52wk Low324.747552wk Low Date2018-11-27
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