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Index Trend Analysis Report

Prepared for you on Saturday, October 16, 2021.

S&P GSCI Crude Oil 2X Leveraged ER (CME:SPGCL2LP)

Strong Uptrend (+100) - SPGCL2LP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPGCL2LP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid SPGCL2LP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPGCL2LP.

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

CME_SPGCL2LP
Open High Low SPGCL2LP Price Change
0.3707 0.3750 0.3674 0.3729 +0.0044
Entry Signal

MarketClub’s Trade Triangles for SPGCL2LP

long term up The long-term trend has been UP since Nov 25th, 2020 at 0.1237

intermediate term up The intermediate-term trend has been UP since Sep 2nd, 2021 at 0.2666

short term up The short-term trend has been UP since Oct 8th, 2021 at 0.3483

Smart Scan Analysis for SPGCL2LP

Based on our trend formula, SPGCL2LP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for SPGCL2LP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3707 0.3750 0.3674 0.3729 +0.0044
Prev. Close Volume Bid Ask Time
0.3728 0 2021-10-15 14:29:41
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