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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

S&P GSCI Petroleum TR (CME:SPGSPTTR)

Long-Term Downtrend (-90) - SPGSPTTR is in a strong downtrend that is likely to continue. While SPGSPTTR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

CME_SPGSPTTR
Open High Low SPGSPTTR Price Change
1704.29 1706.17 1658.51 1675.40 -30.48
Entry Signal

MarketClub’s Trade Triangles for SPGSPTTR

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 1617.99

intermediate term down The intermediate-term trend has been DOWN since Jul 16th, 2024 at 1718.28

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 1712.93

Smart Scan Analysis for SPGSPTTR

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

-90
Smart Scan Analysis for SPGSPTTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1704.29 1706.17 1658.51 1675.40 -30.48
Prev. Close Volume Bid Ask Time
1705.88 0 2024-07-26 15:33:00
52wk High1423.78452wk High Date2018-10-03
52wk Low951.93352wk Low Date2018-11-29
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