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Index Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

S&P GSCI Light Energy TR (CME:SPGSLETR)

Long-Term Uptrend (+90) - SPGSLETR is in a strong uptrend that is likely to continue. While SPGSLETR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

CME_SPGSLETR
Open High Low SPGSLETR Price Change
2942.44 2945.87 2918.54 2921.54 -23.42
Entry Signal

MarketClub’s Trade Triangles for SPGSLETR

long term up The long-term trend has been UP since Mar 3rd, 2024 at 2772.74

intermediate term up The intermediate-term trend has been UP since Jan 23rd, 2024 at 2713.40

short term up The short-term trend has been UP since Apr 12th, 2024 at 2946.52

Smart Scan Analysis for SPGSLETR

Based on our trend formula, SPGSLETR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SPGSLETR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2942.44 2945.87 2918.54 2921.54 -23.42
Prev. Close Volume Bid Ask Time
2944.96 0 2024-04-16 08:15:00
52wk High2260.37152wk High Date2018-05-24
52wk Low1942.64552wk Low Date2018-11-27
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