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Index Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

S&P GSCI Heating Oil ER (CME:SPGSHOP)

Weak Uptrend (+65) - SPGSHOP is showing signs of weakening momentum to the upside. Monitor SPGSHOP as it may be in the beginning stages of a reversal.

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

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

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

CME_SPGSHOP
Open High Low SPGSHOP Price Change
469.95 471.06 463.21 468.04 -3.32
Entry Signal

MarketClub’s Trade Triangles for SPGSHOP

long term up The long-term trend has been UP since Feb 9th, 2024 at 487.36

intermediate term up The intermediate-term trend has been UP since Mar 17th, 2024 at 475.55

short term down The short-term trend has been DOWN since Apr 9th, 2024 at 473.83

Smart Scan Analysis for SPGSHOP

Based on our trend formula, SPGSHOP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SPGSHOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
469.95 471.06 463.21 468.04 -3.32
Prev. Close Volume Bid Ask Time
471.36 0 2024-04-16 11:20:00
52wk High263.236852wk High Date2018-10-03
52wk Low195.089652wk Low Date2018-02-14
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