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Index Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

S&P GSCI Petroleum TR (CME:SPGSPTTR)

Bear Market Rally (-75) - SPGSPTTR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSPTTR as it may be in the beginning of a reversal.

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
1574.87 1592.96 1564.18 1586.00 +9.97
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 Oct 28th, 2024 at 1539.56

short term down The short-term trend has been DOWN since Dec 17th, 2024 at 1593.44

Smart Scan Analysis for SPGSPTTR

Based on our trend formula, SPGSPTTR is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for SPGSPTTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1574.87 1592.96 1564.18 1586.00 +9.97
Prev. Close Volume Bid Ask Time
1586.00 0 2024-12-20 15:39:00
52wk High1423.78452wk High Date2018-10-03
52wk Low951.93352wk Low Date2018-11-29
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