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Index Trend Analysis Report

Prepared for you on Monday, July 22, 2024.

S&P GSCI Palladium ER (CME:SPGSPAP)

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

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

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

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

CME_SPGSPAP
Open High Low SPGSPAP Price Change
562.80 564.04 546.41 547.96 -15.77
Entry Signal

MarketClub’s Trade Triangles for SPGSPAP

long term down The long-term trend has been DOWN since Oct 31st, 2022 at 1201.25

intermediate term down The intermediate-term trend has been DOWN since Jul 19th, 2024 at 563.42

short term down The short-term trend has been DOWN since Jul 18th, 2024 at 575.17

Smart Scan Analysis for SPGSPAP

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

-100
Smart Scan Analysis for SPGSPAP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
562.80 564.04 546.41 547.96 -15.77
Prev. Close Volume Bid Ask Time
563.73 0 2024-07-22 09:06:00
52wk High784.07552wk High Date2018-11-16
52wk Low547.838552wk Low Date2018-08-16
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