Index Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
S&P GSCI Ultra Light Energy (CME:SPGSUE)
Crossroads (-60) - SPGSUE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPGSUE?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSUE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSUE
The long-term trend has been UP since Jul 1st, 2020 at 319.1140
The intermediate-term trend has been DOWN since Nov 30th, 2021 at 488.3667
The short-term trend has been DOWN since Nov 26th, 2021 at 500.5324
Smart Scan Analysis for SPGSUE
Based on our trend formula, SPGSUE is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||390.6549||52wk High Date||2018-04-19|
|52wk Low||342.9491||52wk Low Date||2018-11-27|