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Index Trend Analysis Report

Prepared for you on Sunday, January 21, 2018.

S&P GSCI BEAN OIL INDEX SPOT (CME:SPGSBO)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_SPGSBO
Open High Low SPGSBO Price Change
158.4027 0.0000 157.3738 158.1578 +0.2450
Entry Signal

MarketClub’s Trade Triangles for SPGSBO

long term down The long term trend has been DOWN since Oct 2nd, 2017 at 159.3827

intermediate term down The intermediate term trend has been DOWN since Jan 17th, 2018 at 159.3827

short term down The short term trend has been DOWN since Jan 8th, 2018 at 165.1151

Smart Scan Analysis for SPGSBO

Based on a pre-defined weighted trend formula for chart analysis, SPGSBO scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SPGSBO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
158.4027 0.0000 157.3738 158.1578 +0.2450
Prev. Close Volume Bid Ask Time
158.1578 0 2018-01-19 14:16:05
52wk High176.629152wk High Date2017-09-07
52wk Low151.347452wk Low Date2017-06-05
Want to analyze S&P GSCI BEAN OIL INDEX SPOT SPGSBO or another symbol? Try our Free Index Trend Analysis Report.