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Index Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

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

Strong Downtrend (-100) - SPGSNGP 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 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
4.0547 4.0773 3.7349 3.7574 -0.3769
Entry Signal

MarketClub’s Trade Triangles for SPGSNGP

long term down The long-term trend has been DOWN since Nov 29th, 2019 at 7.6300

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2020 at 4.9107

short term down The short-term trend has been DOWN since Dec 2nd, 2020 at 4.2485

Smart Scan Analysis for SPGSNGP

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

-100
Smart Scan Analysis for SPGSNGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.0547 4.0773 3.7349 3.7574 -0.3769
Prev. Close Volume Bid Ask Time
4.8040 0 2020-12-03 14:29:47
52wk High17.3344752wk High Date2018-11-14
52wk Low8.9841152wk Low Date2017-12-21
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