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Index Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
S&P GSCI Brent Crude 2X Leveraged (CME:SPGBR2L)
Strong Downtrend (-100) - SPGBR2L is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPGBR2L continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPGBR2L?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGBR2L.
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 SPGBR2L
The long-term trend has been DOWN since Jul 6th, 2022 at 366.34
The intermediate-term trend has been DOWN since Feb 6th, 2023 at 217.23
The short-term trend has been DOWN since Mar 24th, 2023 at 178.00
Smart Scan Analysis for SPGBR2L
Based on our trend formula, SPGBR2L is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 191.75 | 194.09 | 176.17 | 187.42 | -1.68 |
| Prev. Close | Volume | Bid | Ask | Time |
| 187.52 | 0 | 2023-03-24 14:53:00 |