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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.

CME_SPGC2XSP
Open High Low SPGC2XSP Price Change
735.40 746.34 735.15 746.27 +23.60
Entry Signal

MarketClub’s Trade Triangles for SPGC2XSP

long term up The long-term trend has been UP since Jul 1st, 2022 at 757.82

intermediate term down The intermediate-term trend has been DOWN since Jul 26th, 2022 at 741.67

short term down 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).

-60
Smart Scan Analysis for SPGC2XSP
Strong Downtrend Sideways 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 High2727.28252wk High Date2017-12-14
52wk Low2093.40552wk Low Date2018-05-22
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