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Index Trend Analysis Report

Prepared for you on Tuesday, October 27, 2020.

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

Countertrend Up (+85) - SPGSINP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
176.083 176.230 174.738 175.098 -1.702
Entry Signal

MarketClub’s Trade Triangles for SPGSINP

long term up The long-term trend has been UP since Jul 1st, 2020 at 156.052

intermediate term up The intermediate-term trend has been UP since Oct 12th, 2020 at 175.207

short term down The short-term trend has been DOWN since Oct 26th, 2020 at 176.417

Smart Scan Analysis for SPGSINP

Based on our trend formula, SPGSINP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPGSINP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
176.083 176.230 174.738 175.098 -1.702
Prev. Close Volume Bid Ask Time
173.838 0 2020-10-26 20:28:55
52wk High224.158752wk High Date2018-04-19
52wk Low171.914252wk Low Date2018-11-27
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