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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P GSCI Brent Crude Enhanced 2X Leveraged ER (CME:SGEBR2LP)

Weak Downtrend (-65) - SGEBR2LP is showing signs of a strengthening downtrend. Monitor SGEBR2LP as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SGEBR2LP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SGEBR2LP.

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

CME_SGEBR2LP
Open High Low SGEBR2LP Price Change
498.04 504.14 488.40 491.93 -7.19
Entry Signal

MarketClub’s Trade Triangles for SGEBR2LP

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 564.46

intermediate term down The intermediate-term trend has been DOWN since Oct 27th, 2024 at 478.87

short term up The short-term trend has been UP since Dec 24th, 2024 at 494.16

Smart Scan Analysis for SGEBR2LP

Based on our trend formula, SGEBR2LP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SGEBR2LP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
498.04 504.14 488.40 491.93 -7.19
Prev. Close Volume Bid Ask Time
499.12 0 2024-12-26 22:10:33
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