Index Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
S&P GSCI Industrial Metals ER (CME:SPGSINP)
Bull Market Weakness (+75) - SPGSINP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGSINP as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for SPGSINP
The long-term trend has been DOWN since Feb 3rd, 2020 at 155.936
The intermediate-term trend has been UP since Apr 13th, 2020 at 140.169
The short-term trend has been UP since May 29th, 2020 at 144.079
Smart Scan Analysis for SPGSINP
Based on our trend formula, SPGSINP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||224.1587||52wk High Date||2018-04-19|
|52wk Low||171.9142||52wk Low Date||2018-11-27|