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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

S&P GSCI Light Energy TR (CME:SPGSLETR)

Strong Downtrend (-100) - SPGSLETR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPGSLETR continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SPGSLETR?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSLETR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPGSLETR
Open High Low SPGSLETR Price Change
2807.53 2810.07 2777.88 2781.97 -27.27
Entry Signal

MarketClub’s Trade Triangles for SPGSLETR

long term down The long-term trend has been DOWN since Jul 15th, 2024 at 2856.37

intermediate term down The intermediate-term trend has been DOWN since Jul 10th, 2024 at 2866.64

short term down The short-term trend has been DOWN since Jul 8th, 2024 at 2914.78

Smart Scan Analysis for SPGSLETR

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

-100
Smart Scan Analysis for SPGSLETR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2807.53 2810.07 2777.88 2781.97 -27.27
Prev. Close Volume Bid Ask Time
2809.24 0 2024-07-26 15:33:00
52wk High2260.37152wk High Date2018-05-24
52wk Low1942.64552wk Low Date2018-11-27
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