Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
S&P GSCI 2X Leveraged Capped Component ER (CME:SPGC2XLP)
Long-Term Downtrend (-90) - SPGC2XLP is in a strong downtrend that is likely to continue. While SPGC2XLP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPGC2XLP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGC2XLP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SPGC2XLP
The long-term trend has been DOWN since Jan 28th, 2020 at 135.514
The intermediate-term trend has been DOWN since Jan 13th, 2020 at 152.921
The short-term trend has been DOWN since Feb 24th, 2020 at 134.344
Smart Scan Analysis for SPGC2XLP
Based on our trend formula, SPGC2XLP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 132.136 | 132.176 | 127.972 | 129.889 | -5.728 |
| Prev. Close | Volume | Bid | Ask | Time |
| 154.595 | 0 | 2020-02-24 20:26:18 |
| 52wk High | 202.6085 | 52wk High Date | 2018-05-22 |
| 52wk Low | 152.7753 | 52wk Low Date | 2018-11-27 |