Index Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
S&P GSCI Light Energy EUR TR (CME:SPGSLETRE)
Sidelines Mode (-50) - SPGSLETRE is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SPGSLETRE can gain momentum.
Is it time to buy, sell, or avoid SPGSLETRE?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSLETRE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSLETRE
The long-term trend has been UP since Jul 1st, 2020 at 50.854
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 72.412
The short-term trend has been DOWN since Oct 18th, 2021 at 75.052
Smart Scan Analysis for SPGSLETRE
Based on our trend formula, SPGSLETRE is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||69.5075||52wk High Date||2018-05-29|
|52wk Low||60.297||52wk Low Date||2018-04-04|