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Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

S&P GSCI Reduced Energy ER (CME:SPGSREP)

Countertrend Up (+85) - SPGSREP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

CME_SPGSREP
Open High Low SPGSREP Price Change
275.90 279.19 274.68 279.01 +3.15
Entry Signal

MarketClub’s Trade Triangles for SPGSREP

long term up The long-term trend has been UP since Mar 8th, 2024 at 265.76

intermediate term up The intermediate-term trend has been UP since Jan 24th, 2024 at 259.17

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 276.95

Smart Scan Analysis for SPGSREP

Based on our trend formula, SPGSREP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPGSREP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
275.90 279.19 274.68 279.01 +3.15
Prev. Close Volume Bid Ask Time
275.86 0 2024-04-18 21:35:00
52wk High240.825552wk High Date2018-05-22
52wk Low200.084652wk Low Date2018-11-27
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