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Index Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

S&P GSCI Natural Gas TR (CME:SPGSNGTR)

Bear Market Rally (-75) - SPGSNGTR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSNGTR as it may be in the beginning of a reversal.

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

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

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

CME_SPGSNGTR
Open High Low SPGSNGTR Price Change
8.3007 8.5197 8.1784 8.4060 +0.3187
Entry Signal

MarketClub’s Trade Triangles for SPGSNGTR

long term down The long-term trend has been DOWN since Nov 29th, 2019 at 14.2900

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2020 at 9.3007

short term up The short-term trend has been UP since Nov 24th, 2020 at 8.0616

Smart Scan Analysis for SPGSNGTR

Based on our trend formula, SPGSNGTR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SPGSNGTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.3007 8.5197 8.1784 8.4060 +0.3187
Prev. Close Volume Bid Ask Time
9.0993 0 2020-11-30 20:29:42
52wk High31.9237852wk High Date2018-11-14
52wk Low16.2668652wk Low Date2017-12-21
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