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Index Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
S&P GSCI 2X Inverse Capped Component ER (CME:SPGC2XSP)
Crossroads (-60) - SPGC2XSP 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 SPGC2XSP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGC2XSP.
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 SPGC2XSP
The long-term trend has been UP since Jul 1st, 2022 at 757.82
The intermediate-term trend has been DOWN since Jul 26th, 2022 at 741.67
The short-term trend has been DOWN since Aug 9th, 2022 at 769.31
Smart Scan Analysis for SPGC2XSP
Based on our trend formula, SPGC2XSP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 735.40 | 746.34 | 735.15 | 746.27 | +23.60 |
| Prev. Close | Volume | Bid | Ask | Time |
| 722.67 | 0 | 2022-08-15 04:47:48 |
| 52wk High | 2727.282 | 52wk High Date | 2017-12-14 |
| 52wk Low | 2093.405 | 52wk Low Date | 2018-05-22 |