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Index Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

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

Long-Term Downtrend (-90) - SPGSNGTR is in a strong downtrend that is likely to continue. While SPGSNGTR is showing intraday strength, it remains in the confines of a bearish trend. 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
15.3129 15.5123 15.1846 15.3839 +0.0355
Entry Signal

MarketClub’s Trade Triangles for SPGSNGTR

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 14.7461

intermediate term down The intermediate-term trend has been DOWN since Jun 14th, 2022 at 21.6786

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 16.6353

Smart Scan Analysis for SPGSNGTR

Based on our trend formula, SPGSNGTR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPGSNGTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.3129 15.5123 15.1846 15.3839 +0.0355
Prev. Close Volume Bid Ask Time
15.3484 0 2022-07-06 05:54:27
52wk High31.9237852wk High Date2018-11-14
52wk Low16.2668652wk Low Date2017-12-21
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