Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, February 21, 2020.

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

Sidelines Mode (-55) - SPGCL2LP 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 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
3.5655 3.5965 3.4602 3.5695 -0.0432
Entry Signal

MarketClub’s Trade Triangles for SPGCL2LP

long term down The long-term trend has been DOWN since Jan 31st, 2020 at 3.3558

intermediate term down The intermediate-term trend has been DOWN since Jan 8th, 2020 at 4.5640

short term up The short-term trend has been UP since Feb 12th, 2020 at 3.3329

Smart Scan Analysis for SPGCL2LP

Based on our trend formula, SPGCL2LP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPGCL2LP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.5655 3.5965 3.4602 3.5695 -0.0432
Prev. Close Volume Bid Ask Time
4.4330 0 2020-02-21 15:28:30
Get a free daily analysis and signals for S&P GSCI Crude Oil 2X Leveraged ER (SPGCL2LP) - Request Your Free Report.