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Index Trend Analysis Report

Prepared for you on Tuesday, October 15, 2019.

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

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_SPGCL2LP
Open High Low SPGCL2LP Price Change
3.6708 3.6930 3.6473 3.6708 -0.0249
Entry Signal

MarketClub’s Trade Triangles for SPGCL2LP

long term down The long term trend has been DOWN since Oct 3rd, 2019 at 3.4700

intermediate term down The intermediate term trend has been DOWN since Sep 30th, 2019 at 3.8409

short term up The short term trend has been UP since Oct 11th, 2019 at 3.7653

Smart Scan Analysis for SPGCL2LP

Based on a pre-defined weighted trend formula for chart analysis, SPGCL2LP scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SPGCL2LP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.6708 3.6930 3.6473 3.6708 -0.0249
Prev. Close Volume Bid Ask Time
3.5557 0 2019-10-15 04:28:41
Want to analyze S&P GSCI Crude Oil 2X Leveraged ER SPGCL2LP or another symbol? Try our Free Index Trend Analysis Report.