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Index Trend Analysis Report

Prepared for you on Friday, May 10, 2024.

S&P GSCI 2X Inverse Capped Component TR (CME:SPGC2XST)

Sidelines Mode (-55) - SPGC2XST is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPGC2XST?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPGC2XST.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPGC2XST
Open High Low SPGC2XST Price Change
1688.29 1700.48 1674.31 1696.85 +7.98
Entry Signal

MarketClub’s Trade Triangles for SPGC2XST

long term down The long-term trend has been DOWN since Mar 13th, 2024 at 1782.94

intermediate term up The intermediate-term trend has been UP since Apr 30th, 2024 at 1701.28

short term down The short-term trend has been DOWN since May 6th, 2024 at 1711.02

Smart Scan Analysis for SPGC2XST

Based on our trend formula, SPGC2XST is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPGC2XST
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1688.29 1700.48 1674.31 1696.85 +7.98
Prev. Close Volume Bid Ask Time
1688.87 0 2024-05-10 15:08:00
52wk High4830.02852wk High Date2018-11-27
52wk Low3675.62952wk Low Date2018-05-22
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