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Index Trend Analysis Report

Prepared for you on Monday, March 18, 2024.

S&P GSCI Petroleum (CME:SPGSPT)

Long-Term Uptrend (+90) - SPGSPT is in a strong uptrend that is likely to continue. While SPGSPT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
305.69 310.23 305.55 309.27 +3.66
Entry Signal

MarketClub’s Trade Triangles for SPGSPT

long term up The long-term trend has been UP since Mar 1st, 2024 at 300.26

intermediate term up The intermediate-term trend has been UP since Dec 26th, 2023 at 286.28

short term up The short-term trend has been UP since Mar 13th, 2024 at 295.97

Smart Scan Analysis for SPGSPT

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

+90
Smart Scan Analysis for SPGSPT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
305.69 310.23 305.55 309.27 +3.66
Prev. Close Volume Bid Ask Time
305.61 0 2024-03-18 21:52:00
52wk High289.615352wk High Date2018-10-03
52wk Low192.463152wk Low Date2018-11-29
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