Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
S&P GSCI Brent Crude 2X Leveraged ER (CME:SPGBR2LP)
Sidelines Mode (+55) - SPGBR2LP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for SPGBR2LP
The long-term trend has been UP since Mar 1st, 2024 at 155.414
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 167.838
The short-term trend has been UP since Apr 24th, 2024 at 175.633
Smart Scan Analysis for SPGBR2LP
Based on our trend formula, SPGBR2LP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
177.751 | 180.208 | 176.221 | 178.114 | +0.443 |
Prev. Close | Volume | Bid | Ask | Time |
177.671 | 0 | 2024-04-26 14:51:00 |