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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

S&P GSCI 2X Leveraged All Crude ER (CME:SG2LCRP)

Strong Downtrend (-100) - SG2LCRP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SG2LCRP continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SG2LCRP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SG2LCRP.

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

CME_SG2LCRP
Open High Low SG2LCRP Price Change
4.7037 4.7148 4.4484 4.5552 -0.1585
Entry Signal

MarketClub’s Trade Triangles for SG2LCRP

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 4.3193

intermediate term down The intermediate-term trend has been DOWN since Jul 16th, 2024 at 4.8432

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 4.8112

Smart Scan Analysis for SG2LCRP

Based on our trend formula, SG2LCRP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SG2LCRP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.7037 4.7148 4.4484 4.5552 -0.1585
Prev. Close Volume Bid Ask Time
4.7137 0 2024-07-26 15:33:16
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