Index Trend Analysis Report
Prepared for you on Tuesday, April 20, 2021.
S&P WCI Gold Inverse ER (CME:SPWGC1IP)
Weak Downtrend (-65) - SPWGC1IP is showing signs of a strengthening downtrend. Monitor SPWGC1IP as it may be building momentum to the downside.
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 UP since Nov 23rd, 2020 at 114.27
The intermediate-term trend has been DOWN since Apr 8th, 2021 at 119.90
The short-term trend has been DOWN since Apr 15th, 2021 at 120.21
Smart Scan Analysis for SPWGC1IP
Based on our trend formula, SPWGC1IP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).