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Index Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

S&P GSCI Brent Crude 2X Leveraged ER (CME:SPGBR2LP)

Crossroads (+60) - SPGBR2LP 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 SPGBR2LP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPGBR2LP.

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

CME_SPGBR2LP
Open High Low SPGBR2LP Price Change
165.520 168.748 165.087 167.250 +1.455
Entry Signal

MarketClub’s Trade Triangles for SPGBR2LP

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 146.487

intermediate term up The intermediate-term trend has been UP since Jun 18th, 2024 at 166.052

short term up The short-term trend has been UP since Jun 7th, 2024 at 148.546

Smart Scan Analysis for SPGBR2LP

Based on our trend formula, SPGBR2LP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SPGBR2LP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
165.520 168.748 165.087 167.250 +1.455
Prev. Close Volume Bid Ask Time
165.795 0 2024-06-20 22:07:00
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