Index Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
S&P GSCI Inverse Crude Oil TR (CME:SPGSICLT)
Strong Downtrend (-100) - SPGSICLT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPGSICLT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSICLT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSICLT
The long-term trend has been DOWN since Nov 11th, 2020 at 10.0516
The intermediate-term trend has been DOWN since Nov 9th, 2020 at 10.3812
The short-term trend has been DOWN since Mar 4th, 2021 at 6.7199
Smart Scan Analysis for SPGSICLT
Based on our trend formula, SPGSICLT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).