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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.
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MarketClub’s Trade Triangles for SPGSINP
The long-term trend has been DOWN since Mar 8th, 2023 at 220.37
The intermediate-term trend has been DOWN since Dec 5th, 2023 at 197.37
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).
| 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 High | 224.1587 | 52wk High Date | 2018-04-19 |
| 52wk Low | 171.9142 | 52wk Low Date | 2018-11-27 |