Index Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
S&P GSCI Light Energy EUR ER (CME:SPGSLEERE)
Sidelines Mode (-50) - SPGSLEERE is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SPGSLEERE can gain momentum.
Is it time to buy, sell, or avoid SPGSLEERE?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSLEERE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSLEERE
The long-term trend has been UP since Jul 1st, 2020 at 45.524
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 64.745
The short-term trend has been DOWN since Oct 18th, 2021 at 67.104
Smart Scan Analysis for SPGSLEERE
Based on our trend formula, SPGSLEERE is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||64.5688||52wk High Date||2018-05-29|
|52wk Low||56.1688||52wk Low Date||2018-04-04|