Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, December 7, 2023.

S&P GSCI Industrial Metals ER (CME:SPGSINP)

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

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

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

CME_SPGSINP
Open High Low SPGSINP Price Change
195.35 195.85 194.55 195.55 +0.36
Entry Signal

MarketClub’s Trade Triangles for SPGSINP

long term down The long-term trend has been DOWN since Mar 8th, 2023 at 220.37

intermediate term down The intermediate-term trend has been DOWN since Dec 5th, 2023 at 197.37

short term down The short-term trend has been DOWN since Dec 4th, 2023 at 198.64

Smart Scan Analysis for SPGSINP

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

-90
Smart Scan Analysis for SPGSINP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
195.35 195.85 194.55 195.55 +0.36
Prev. Close Volume Bid Ask Time
195.19 0 2023-12-07 13:14:00
52wk High224.158752wk High Date2018-04-19
52wk Low171.914252wk Low Date2018-11-27
Get a free daily analysis and signals for S&P GSCI Industrial Metals ER (SPGSINP) - Request Your Free Report.