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Index Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

S&P GSCI Ultra Light Energy ER (CME:SPGSUEP)

Bull Market Weakness (+75) - SPGSUEP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGSUEP as it may be in the beginning stages of a reversal.

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

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

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

CME_SPGSUEP
Open High Low SPGSUEP Price Change
224.87 226.44 224.83 226.18 +1.29
Entry Signal

MarketClub’s Trade Triangles for SPGSUEP

long term up The long-term trend has been UP since Mar 13th, 2024 at 214.91

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2024 at 220.51

short term up The short-term trend has been UP since May 6th, 2024 at 221.83

Smart Scan Analysis for SPGSUEP

Based on our trend formula, SPGSUEP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SPGSUEP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
224.87 226.44 224.83 226.18 +1.29
Prev. Close Volume Bid Ask Time
226.18 0 2024-05-17 15:44:00
52wk High198.044952wk High Date2018-04-19
52wk Low170.625752wk Low Date2018-11-27
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