Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

S&P GSCI Precious Metals (CME:SPGSPM)

Bear Market Rally (-75) - SPGSPM is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSPM as it may be in the beginning 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
2346.962 2390.635 2345.580 2387.391 +55.905
Entry Signal

MarketClub’s Trade Triangles for SPGSPM

long term down The long-term trend has been DOWN since Nov 23rd, 2020 at 2406.266

intermediate term down The intermediate-term trend has been DOWN since Nov 9th, 2020 at 2421.038

short term up The short-term trend has been UP since Dec 1st, 2020 at 2378.081

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
2346.962 2390.635 2345.580 2387.391 +55.905
Prev. Close Volume Bid Ask Time
2482.694 0 2020-12-01 15:29:42
52wk High1794.3752wk High Date2018-01-25
52wk Low1521.32952wk Low Date2018-08-16
Get a free daily analysis and signals for S&P GSCI Precious Metals (SPGSPM) - Request Your Free Report.