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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P GSCI Natural Gas ER (CME:SPGSNGP)

Crossroads (+60) - SPGSNGP 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 SPGSNGP?

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

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

CME_SPGSNGP
Open High Low SPGSNGP Price Change
1.7587 1.7751 1.7357 1.7526 -0.0071
Entry Signal

MarketClub’s Trade Triangles for SPGSNGP

long term down The long-term trend has been DOWN since Jul 15th, 2024 at 1.6008

intermediate term up The intermediate-term trend has been UP since Nov 20th, 2024 at 1.6108

short term up The short-term trend has been UP since Dec 18th, 2024 at 1.6036

Smart Scan Analysis for SPGSNGP

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

+60
Smart Scan Analysis for SPGSNGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7587 1.7751 1.7357 1.7526 -0.0071
Prev. Close Volume Bid Ask Time
1.7597 0 2024-12-26 06:26:00
52wk High17.3344752wk High Date2018-11-14
52wk Low8.9841152wk Low Date2017-12-21
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