Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

S&P GSCI Brent Crude 2X Leveraged ER (CME:SPGBR2LP)

Bear Market Rally (-75) - SPGBR2LP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGBR2LP as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid SPGBR2LP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPGBR2LP.

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

CME_SPGBR2LP
Open High Low SPGBR2LP Price Change
125.446 128.460 124.009 127.338 +1.717
Entry Signal

MarketClub’s Trade Triangles for SPGBR2LP

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 146.487

intermediate term down The intermediate-term trend has been DOWN since Oct 27th, 2024 at 125.445

short term down The short-term trend has been DOWN since Dec 17th, 2024 at 128.974

Smart Scan Analysis for SPGBR2LP

Based on our trend formula, SPGBR2LP is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for SPGBR2LP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
125.446 128.460 124.009 127.338 +1.717
Prev. Close Volume Bid Ask Time
127.338 0 2024-12-20 15:47:00
Get a free daily analysis and signals for S&P GSCI Brent Crude 2X Leveraged ER (SPGBR2LP) - Request Your Free Report.