Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
S&P WCI Gold 2X Leveraged Daily ER (CME:SPWG2LDP)
Weak Downtrend (-65) - SPWG2LDP is showing signs of a strengthening downtrend. Monitor SPWG2LDP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPWG2LDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPWG2LDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPWG2LDP
The long-term trend has been DOWN since Mar 17th, 2020 at 557.05
The intermediate-term trend has been DOWN since Mar 12th, 2020 at 647.64
The short-term trend has been DOWN since Mar 31st, 2020 at 640.68
Smart Scan Analysis for SPWG2LDP
Based on our trend formula, SPWG2LDP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).