Index Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
S&P GSCI Ultra Light Energy TR (CME:SPGSUETR)
Weak Downtrend (-65) - SPGSUETR is showing signs of a strengthening downtrend. Monitor SPGSUETR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPGSUETR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSUETR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSUETR
The long-term trend has been UP since Jul 1st, 2020 at 1545.37
The intermediate-term trend has been DOWN since Nov 30th, 2021 at 2286.35
The short-term trend has been DOWN since Nov 26th, 2021 at 2343.47
Smart Scan Analysis for SPGSUETR
Based on our trend formula, SPGSUETR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2082.943||52wk High Date||2018-05-24|
|52wk Low||1816.463||52wk Low Date||2018-11-27|