Index Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
S&P GSCI Light Energy EUR (CME:SPGSLEE)
Sidelines Mode (-50) - SPGSLEE is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SPGSLEE can gain momentum.
Is it time to buy, sell, or avoid SPGSLEE?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSLEE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSLEE
The long-term trend has been UP since Jul 1st, 2020 at 99.935
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 147.197
The short-term trend has been DOWN since Oct 18th, 2021 at 152.412
Smart Scan Analysis for SPGSLEE
Based on our trend formula, SPGSLEE is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||125.6532||52wk High Date||2018-05-29|
|52wk Low||108.7619||52wk Low Date||2018-04-04|