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Index Trend Analysis Report

Prepared for you on Wednesday, November 27, 2024.

S&P GSCI Ultra Light Energy (CME:SPGSUE)

Sidelines Mode (+55) - SPGSUE is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPGSUE
Open High Low SPGSUE Price Change
493.07 494.46 492.18 492.64 -0.38
Entry Signal

MarketClub’s Trade Triangles for SPGSUE

long term down The long-term trend has been DOWN since Jul 9th, 2024 at 490.67

intermediate term up The intermediate-term trend has been UP since Nov 24th, 2024 at 497.15

short term down The short-term trend has been DOWN since Nov 25th, 2024 at 492.59

Smart Scan Analysis for SPGSUE

Based on our trend formula, SPGSUE is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPGSUE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
493.07 494.46 492.18 492.64 -0.38
Prev. Close Volume Bid Ask Time
493.02 0 2024-11-27 16:22:00
52wk High390.654952wk High Date2018-04-19
52wk Low342.949152wk Low Date2018-11-27
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