Index Trend Analysis Report
Prepared for you on Sunday, May 16, 2021.
S&P GSCI Dynamic Roll Alpha Light Energy (CME:SPDYALEP)
Countertrend Up (+85) - SPDYALEP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SPDYALEP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPDYALEP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPDYALEP
The long-term trend has been UP since Feb 19th, 2021 at 317.74
The intermediate-term trend has been UP since May 5th, 2021 at 323.21
The short-term trend has been DOWN since May 12th, 2021 at 323.40
Smart Scan Analysis for SPDYALEP
Based on our trend formula, SPDYALEP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||305.9087||52wk High Date||2018-11-29|
|52wk Low||298.0678||52wk Low Date||2018-07-03|