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Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
S&P GSCI Gold 2X Leveraged ER (CME:SPGGC2LP)
Crossroads (-60) - SPGGC2LP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPGGC2LP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGGC2LP.
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 SPGGC2LP
The long-term trend has been UP since Nov 28th, 2023 at 281.67
The intermediate-term trend has been DOWN since Dec 18th, 2024 at 408.97
The short-term trend has been DOWN since Dec 13th, 2024 at 424.51
Smart Scan Analysis for SPGGC2LP
Based on our trend formula, SPGGC2LP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 411.32 | 411.76 | 409.83 | 411.66 | +0.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 411.60 | 0 | 2024-12-26 05:47:00 |