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Index Trend Analysis Report

Prepared for you on Monday, May 20, 2024.

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

Crossroads (+60) - SPGSNGTR 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 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
4.4483 4.4546 4.4151 4.4167 -0.0316
Entry Signal

MarketClub’s Trade Triangles for SPGSNGTR

long term down The long-term trend has been DOWN since Nov 10th, 2023 at 5.4364

intermediate term up The intermediate-term trend has been UP since Apr 9th, 2024 at 3.6934

short term up The short-term trend has been UP since May 3rd, 2024 at 3.6489

Smart Scan Analysis for SPGSNGTR

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

+60
Smart Scan Analysis for SPGSNGTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.4483 4.4546 4.4151 4.4167 -0.0316
Prev. Close Volume Bid Ask Time
4.4483 0 2024-05-20 04:25:00
52wk High31.9237852wk High Date2018-11-14
52wk Low16.2668652wk Low Date2017-12-21
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