Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

S&P GSCI Precious Metals (CME:SPGSPM)

Bull Market Weakness (+75) - SPGSPM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGSPM as it may be in the beginning stages of a reversal.

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

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

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

CME_SPGSPM
Open High Low SPGSPM Price Change
2832.67 2834.69 2813.50 2822.17 -11.38
Entry Signal

MarketClub’s Trade Triangles for SPGSPM

long term up The long-term trend has been UP since Nov 16th, 2023 at 2615.19

intermediate term up The intermediate-term trend has been UP since Feb 29th, 2024 at 2658.40

short term down The short-term trend has been DOWN since Mar 17th, 2024 at 2820.88

Smart Scan Analysis for SPGSPM

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

+75
Smart Scan Analysis for SPGSPM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2832.67 2834.69 2813.50 2822.17 -11.38
Prev. Close Volume Bid Ask Time
2833.55 0 2024-03-19 06:43:00
52wk High1794.3752wk High Date2018-01-25
52wk Low1521.32952wk Low Date2018-08-16
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