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Index Trend Analysis Report
Prepared for you on Thursday, September 12, 2024.
S&P GSCI Light Energy (CME:SPGSLE)
Bear Market Rally (-75) - SPGSLE is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSLE as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SPGSLE?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSLE.
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 SPGSLE
The long-term trend has been DOWN since Jul 9th, 2024 at 516.19
The intermediate-term trend has been DOWN since Sep 5th, 2024 at 486.51
The short-term trend has been UP since Sep 11th, 2024 at 483.94
Smart Scan Analysis for SPGSLE
Based on our trend formula, SPGSLE is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 484.10 | 486.48 | 484.07 | 486.01 | +2.11 |
| Prev. Close | Volume | Bid | Ask | Time |
| 483.90 | 0 | 2024-09-12 03:54:00 |
| 52wk High | 419.0398 | 52wk High Date | 2018-05-24 |
| 52wk Low | 360.6099 | 52wk Low Date | 2018-11-27 |