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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Strong Downtrend (-100) - SPGSNGTR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPGSNGTR continues to fall. Traders should use caution and set stops.

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
3.2339 3.2370 3.1658 3.1735 -0.0619
Entry Signal

MarketClub’s Trade Triangles for SPGSNGTR

long term down The long-term trend has been DOWN since Jul 17th, 2024 at 3.3066

intermediate term down The intermediate-term trend has been DOWN since Jun 28th, 2024 at 4.0816

short term down The short-term trend has been DOWN since Jul 24th, 2024 at 3.3480

Smart Scan Analysis for SPGSNGTR

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

-100
Smart Scan Analysis for SPGSNGTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.2339 3.2370 3.1658 3.1735 -0.0619
Prev. Close Volume Bid Ask Time
3.2354 0 2024-07-26 15:33:00
52wk High31.9237852wk High Date2018-11-14
52wk Low16.2668652wk Low Date2017-12-21
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