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Index Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

S&P GSCI Petroleum ex Gasoil (CME:SPGSXG)

Weak Downtrend (-65) - SPGSXG is showing signs of a strengthening downtrend. Monitor SPGSXG as it may be building momentum to the downside.

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

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

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

CME_SPGSXG
Open High Low SPGSXG Price Change
291.70 293.03 287.51 287.67 -3.68
Entry Signal

MarketClub’s Trade Triangles for SPGSXG

long term up The long-term trend has been UP since Mar 1st, 2024 at 293.26

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 298.04

short term down The short-term trend has been DOWN since Apr 30th, 2024 at 302.88

Smart Scan Analysis for SPGSXG

Based on our trend formula, SPGSXG is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SPGSXG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
291.70 293.03 287.51 287.67 -3.68
Prev. Close Volume Bid Ask Time
287.96 0 2024-05-03 15:10:00
52wk High286.038252wk High Date2018-10-03
52wk Low188.173352wk Low Date2018-11-29
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