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Index Trend Analysis Report
Prepared for you on Saturday, December 7, 2024.
S&P GSCI Crude Oil 2X Leveraged ER (CME:SPGCL2LP)
Strong Downtrend (-100) - SPGCL2LP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPGCL2LP continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for SPGCL2LP
The long-term trend has been DOWN since Jun 3rd, 2024 at 0.3295
The intermediate-term trend has been DOWN since Oct 28th, 2024 at 0.2863
The short-term trend has been DOWN since Dec 6th, 2024 at 0.2827
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.2856 | 0.2862 | 0.2744 | 0.2758 | -0.0092 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.2761 | 0 | 2024-12-06 14:28:00 |