Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Monday, November 25, 2024.

S&P GSCI Petroleum (CME:SPGSPT)

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

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

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

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

CME_SPGSPT
Open High Low SPGSPT Price Change
261.66 262.79 254.49 255.02 -6.86
Entry Signal

MarketClub’s Trade Triangles for SPGSPT

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 284.06

intermediate term down The intermediate-term trend has been DOWN since Oct 28th, 2024 at 251.86

short term down The short-term trend has been DOWN since Nov 25th, 2024 at 255.47

Smart Scan Analysis for SPGSPT

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

-100
Smart Scan Analysis for SPGSPT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
261.66 262.79 254.49 255.02 -6.86
Prev. Close Volume Bid Ask Time
261.88 0 2024-11-25 14:04:00
52wk High289.615352wk High Date2018-10-03
52wk Low192.463152wk Low Date2018-11-29
Get a free daily analysis and signals for S&P GSCI Petroleum (SPGSPT) - Request Your Free Report.