Index Trend Analysis Report
Prepared for you on Thursday, November 26, 2020.
S&P GSCI 2X Leveraged All Crude ER (CME:SG2LCRP)
Crossroads (+60) - SG2LCRP is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for SG2LCRP
The long-term trend has been DOWN since Oct 2nd, 2020 at 0.9791
The intermediate-term trend has been UP since Nov 11th, 2020 at 1.2012
The short-term trend has been UP since Nov 18th, 2020 at 1.1971
Smart Scan Analysis for SG2LCRP
Based on our trend formula, SG2LCRP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).