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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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

Weak Downtrend (-65) - SPGBR2LP is showing signs of a strengthening downtrend. Monitor SPGBR2LP as it may be building momentum to the downside.

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
129.894 131.487 129.116 129.576 -0.601
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 down The intermediate-term trend has been DOWN since Oct 27th, 2024 at 125.445

short term up The short-term trend has been UP since Dec 24th, 2024 at 128.883

Smart Scan Analysis for SPGBR2LP

Based on our trend formula, SPGBR2LP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SPGBR2LP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
129.894 131.487 129.116 129.576 -0.601
Prev. Close Volume Bid Ask Time
130.177 0 2024-12-26 11:25:00
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