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Index Trend Analysis Report

Prepared for you on Friday, September 21, 2018.

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

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
135.4728 139.5884 0.0000 138.8535 +2.3518
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 Jun 14th, 2018 at 149.8187

short term up The short term trend has been UP since Sep 20th, 2018 at 136.6977

Smart Scan Analysis for SPGSBO

Based on a pre-defined weighted trend formula for chart analysis, SPGSBO scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for SPGSBO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
135.4728 139.5884 0.0000 138.8535 +2.3518
Prev. Close Volume Bid Ask Time
136.5017 0 2018-09-21 14:30:30
52wk High174.120552wk High Date2017-11-09
52wk Low132.92552wk Low Date2018-09-19
Want to analyze S&P GSCI BEAN OIL INDEX SPOT SPGSBO or another symbol? Try our Free Index Trend Analysis Report.