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Index Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
S&P GSCI 2X Leveraged All Crude ER (CME:SG2LCRP)
Sidelines Mode (+55) - SG2LCRP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for SG2LCRP
The long-term trend has been UP since Mar 1st, 2024 at 4.5843
The intermediate-term trend has been UP since Dec 26th, 2023 at 4.2208
The short-term trend has been DOWN since Apr 15th, 2024 at 5.3157
Smart Scan Analysis for SG2LCRP
Based on our trend formula, SG2LCRP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.3023 | 5.3125 | 4.9427 | 5.0614 | -0.2589 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.0650 | 0 | 2024-04-19 14:29:21 |