Index Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
S&P WCI Gold Inverse ER (CME:SPWGC1IP)
Strong Downtrend (-100) - SPWGC1IP 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 SPWGC1IP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPWGC1IP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPWGC1IP
The long-term trend has been DOWN since Apr 13th, 2020 at 128.45
The intermediate-term trend has been DOWN since Apr 6th, 2020 at 131.86
The short-term trend has been DOWN since May 6th, 2020 at 126.34
Smart Scan Analysis for SPWGC1IP
Based on our trend formula, SPWGC1IP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).