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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

S&P GSCI Petroleum ex Gasoil ER (CME:SPGSXGP)

Crossroads (-60) - SPGSXGP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPGSXGP
Open High Low SPGSXGP Price Change
360.52 364.98 354.84 364.77 +4.42
Entry Signal

MarketClub’s Trade Triangles for SPGSXGP

long term up The long-term trend has been UP since Mar 1st, 2024 at 344.87

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 356.14

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 369.34

Smart Scan Analysis for SPGSXGP

Based on our trend formula, SPGSXGP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPGSXGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
360.52 364.98 354.84 364.77 +4.42
Prev. Close Volume Bid Ask Time
360.35 0 2024-04-23 19:50:00
52wk High350.404152wk High Date2018-10-03
52wk Low230.807352wk Low Date2018-11-29
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