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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P GSCI 2X Inverse Capped Component ER (CME:SPGC2XSP)

Strong Downtrend (-100) - SPGC2XSP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPGC2XSP continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SPGC2XSP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPGC2XSP.

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

CME_SPGC2XSP
Open High Low SPGC2XSP Price Change
823.67 824.34 823.53 823.86 -0.04
Entry Signal

MarketClub’s Trade Triangles for SPGC2XSP

long term down The long-term trend has been DOWN since Mar 13th, 2024 at 907.70

intermediate term down The intermediate-term trend has been DOWN since Jan 24th, 2024 at 946.44

short term down The short-term trend has been DOWN since Apr 24th, 2024 at 824.52

Smart Scan Analysis for SPGC2XSP

Based on our trend formula, SPGC2XSP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SPGC2XSP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
823.67 824.34 823.53 823.86 -0.04
Prev. Close Volume Bid Ask Time
823.90 0 2024-04-24 00:45:00
52wk High2727.28252wk High Date2017-12-14
52wk Low2093.40552wk Low Date2018-05-22
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