Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

S&P WCI Gold 2X Inverse Daily ER (CME:SPWG2IDP)

Strong Uptrend (+100) - SPWG2IDP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPWG2IDP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid SPWG2IDP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPWG2IDP.

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

CME_SPWG2IDP
Open High Low SPWG2IDP Price Change
6.4336 6.5625 6.3973 6.5255 +0.1243
Entry Signal

MarketClub’s Trade Triangles for SPWG2IDP

long term up The long-term trend has been UP since Nov 23rd, 2020 at 6.3074

intermediate term up The intermediate-term trend has been UP since Nov 19th, 2020 at 6.2180

short term up The short-term trend has been UP since Nov 18th, 2020 at 6.1038

Smart Scan Analysis for SPWG2IDP

Based on our trend formula, SPWG2IDP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for SPWG2IDP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.4336 6.5625 6.3973 6.5255 +0.1243
Prev. Close Volume Bid Ask Time
5.9637 0 2020-11-24 20:29:38
Get a free daily analysis and signals for S&P WCI Gold 2X Inverse Daily ER (SPWG2IDP) - Request Your Free Report.