Index Trend Analysis Report
Prepared for you on Thursday, December 2, 2021.
S&P GSCI Natural Gas (CME:SPGSNG)
Strong Downtrend (-100) - SPGSNG is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for SPGSNG
The long-term trend has been DOWN since Dec 1st, 2021 at 206.5268
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 248.2536
The short-term trend has been DOWN since Nov 29th, 2021 at 231.5760
Smart Scan Analysis for SPGSNG
Based on our trend formula, SPGSNG is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||232.1378||52wk High Date||2018-11-14|
|52wk Low||119.8895||52wk Low Date||2018-02-12|