Index Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
S&P GSCI 2X Leveraged All Crude ER (CME:SG2LCRP)
Weak Uptrend (+65) - SG2LCRP is showing signs of weakening momentum to the upside. Monitor SG2LCRP as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for SG2LCRP
The long-term trend has been UP since Dec 4th, 2020 at 1.4259
The intermediate-term trend has been DOWN since Jul 19th, 2021 at 3.1541
The short-term trend has been UP since Jul 22nd, 2021 at 3.2104
Smart Scan Analysis for SG2LCRP
Based on our trend formula, SG2LCRP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).