Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P GSCI Light Energy ER (CME:SPGSLEP)

Countertrend Down (-85) - SPGSLEP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

CME_SPGSLEP
Open High Low SPGSLEP Price Change
234.29 234.55 234.13 234.39 +0.02
Entry Signal

MarketClub’s Trade Triangles for SPGSLEP

long term down The long-term trend has been DOWN since Jul 9th, 2024 at 237.36

intermediate term down The intermediate-term trend has been DOWN since Dec 19th, 2024 at 231.82

short term up The short-term trend has been UP since Dec 23rd, 2024 at 234.49

Smart Scan Analysis for SPGSLEP

Based on our trend formula, SPGSLEP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SPGSLEP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
234.29 234.55 234.13 234.39 +0.02
Prev. Close Volume Bid Ask Time
234.37 0 2024-12-26 07:12:00
52wk High214.648452wk High Date2018-05-24
52wk Low182.482452wk Low Date2018-11-27
Get a free daily analysis and signals for S&P GSCI Light Energy ER (SPGSLEP) - Request Your Free Report.