Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, February 28, 2020.

S&P GSCI Non Energy ER (CME:SPGSNEP)

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

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

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

CME_SPGSNEP
Open High Low SPGSNEP Price Change
143.293 143.928 142.051 142.995 -1.348
Entry Signal

MarketClub’s Trade Triangles for SPGSNEP

long term down The long-term trend has been DOWN since Jan 30th, 2020 at 148.437

intermediate term down The intermediate-term trend has been DOWN since Jan 24th, 2020 at 153.791

short term down The short-term trend has been DOWN since Feb 24th, 2020 at 149.371

Smart Scan Analysis for SPGSNEP

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

-90
Smart Scan Analysis for SPGSNEP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
143.293 143.928 142.051 142.995 -1.348
Prev. Close Volume Bid Ask Time
155.331 0 2020-02-28 13:33:51
52wk High179.587452wk High Date2018-04-19
52wk Low155.218652wk Low Date2018-09-18
Get a free daily analysis and signals for S&P GSCI Non Energy ER (SPGSNEP) - Request Your Free Report.