Index Trend Analysis Report
Prepared for you on Saturday, September 18, 2021.
S&P GSCI Light Energy ER (CME:SPGSLEP)
Strong Uptrend (+100) - SPGSLEP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPGSLEP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SPGSLEP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSLEP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSLEP
The long-term trend has been UP since Jul 1st, 2020 at 145.18
The intermediate-term trend has been UP since Sep 15th, 2021 at 214.05
The short-term trend has been UP since Sep 15th, 2021 at 212.56
Smart Scan Analysis for SPGSLEP
Based on our trend formula, SPGSLEP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||214.6484||52wk High Date||2018-05-24|
|52wk Low||182.4824||52wk Low Date||2018-11-27|