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Index Trend Analysis Report

Prepared for you on Saturday, August 20, 2022.

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

Sidelines Mode (+55) - SPGSLETR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
2776.95 2806.50 2756.04 2799.27 +16.53
Entry Signal

MarketClub’s Trade Triangles for SPGSLETR

long term down The long-term trend has been DOWN since Jun 30th, 2022 at 2859.07

intermediate term up The intermediate-term trend has been UP since Jul 29th, 2022 at 2861.33

short term down The short-term trend has been DOWN since Aug 17th, 2022 at 2762.38

Smart Scan Analysis for SPGSLETR

Based on our trend formula, SPGSLETR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPGSLETR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2776.95 2806.50 2756.04 2799.27 +16.53
Prev. Close Volume Bid Ask Time
2799.27 0 2022-08-19 15:39:05
52wk High2260.37152wk High Date2018-05-24
52wk Low1942.64552wk Low Date2018-11-27
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