Index Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
S&P GSCI 2X Leveraged All Crude ER (CME:SG2LCRP)
Strong Uptrend (+100) - SG2LCRP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SG2LCRP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Jan 18th, 2022 at 4.6585
The intermediate-term trend has been UP since Dec 23rd, 2021 at 3.4955
The short-term trend has been UP since Jan 26th, 2022 at 4.7953
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).