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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.

CME_SPGC2XLP
Open High Low SPGC2XLP Price Change
132.136 132.176 127.972 129.889 -5.728
Entry Signal

MarketClub’s Trade Triangles for SPGC2XLP

long term down The long-term trend has been DOWN since Jan 28th, 2020 at 135.514

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2020 at 152.921

short term down 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).

-90
Smart Scan Analysis for SPGC2XLP
Strong Downtrend Sideways 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 High202.608552wk High Date2018-05-22
52wk Low152.775352wk Low Date2018-11-27
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