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Index Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

S&P WCI Gold 2X Leveraged ER (CME:SPWG2XLP)

Strong Downtrend (-100) - SPWG2XLP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SPWG2XLP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPWG2XLP.

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

CME_SPWG2XLP
Open High Low SPWG2XLP Price Change
863.12 863.94 860.69 861.50 -5.19
Entry Signal

MarketClub’s Trade Triangles for SPWG2XLP

long term down The long-term trend has been DOWN since Nov 23rd, 2020 at 978.31

intermediate term down The intermediate-term trend has been DOWN since Jan 11th, 2021 at 982.43

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 900.94

Smart Scan Analysis for SPWG2XLP

Based on our trend formula, SPWG2XLP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SPWG2XLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
863.12 863.94 860.69 861.50 -5.19
Prev. Close Volume Bid Ask Time
866.69 0 2021-03-01 06:00:43
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