Index Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
S&P GSCI Light Energy EUR TR (CME:SPGSLETRE)
Bear Market Rally (-75) - SPGSLETRE is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSLETRE as it may be in the beginning of a reversal.
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 DOWN since Nov 21st, 2022 at 95.219
The intermediate-term trend has been DOWN since Jan 4th, 2023 at 90.793
The short-term trend has been UP since Mar 24th, 2023 at 88.242
Smart Scan Analysis for SPGSLETRE
Based on our trend formula, SPGSLETRE is rated as a -75 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|