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Index Trend Analysis Report

Prepared for you on Monday, April 22, 2024.

S&P GSCI Natural Gas (CME:SPGSNG)

Crossroads (+60) - SPGSNG is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPGSNG?

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

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

CME_SPGSNG
Open High Low SPGSNG Price Change
92.378 97.107 91.909 96.498 +4.074
Entry Signal

MarketClub’s Trade Triangles for SPGSNG

long term down The long-term trend has been DOWN since Dec 7th, 2023 at 117.099

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2024 at 89.194

short term up The short-term trend has been UP since Apr 22nd, 2024 at 94.953

Smart Scan Analysis for SPGSNG

Based on our trend formula, SPGSNG is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SPGSNG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
92.378 97.107 91.909 96.498 +4.074
Prev. Close Volume Bid Ask Time
92.424 0 2024-04-22 22:18:00
52wk High232.137852wk High Date2018-11-14
52wk Low119.889552wk Low Date2018-02-12
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