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Index Trend Analysis Report

Prepared for you on Saturday, September 19, 2020.

S&P GSCI Natural Gas (CME:SPGSNG)

Countertrend Up (+85) - SPGSNG 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 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
119.5805 123.4666 118.6909 123.2793 +4.1670
Entry Signal

MarketClub’s Trade Triangles for SPGSNG

long term up The long-term trend has been UP since Aug 3rd, 2020 at 101.1799

intermediate term up The intermediate-term trend has been UP since Jul 6th, 2020 at 85.3076

short term down The short-term trend has been DOWN since Sep 17th, 2020 at 123.8880

Smart Scan Analysis for SPGSNG

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

+85
Smart Scan Analysis for SPGSNG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
119.5805 123.4666 118.6909 123.2793 +4.1670
Prev. Close Volume Bid Ask Time
128.7106 0 2020-09-18 15:29:06
52wk High232.137852wk High Date2018-11-14
52wk Low119.889552wk Low Date2018-02-12
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