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Index Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

S&P GSCI PETROLEUM INDEX SPOT (CME:SPGSPT)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

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_SPGSPT
Open High Low SPGSPT Price Change
268.1102 271.3039 0.0000 269.2150 +4.1315
Entry Signal

MarketClub’s Trade Triangles for SPGSPT

long term down The long term trend has been DOWN since Aug 15th, 2018 at 242.7925

intermediate term up The intermediate term trend has been UP since Aug 28th, 2018 at 260.5737

short term up The short term trend has been UP since Sep 18th, 2018 at 263.2483

Smart Scan Analysis for SPGSPT

Based on a pre-defined weighted trend formula for chart analysis, SPGSPT scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for SPGSPT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
268.1102 271.3039 0.0000 269.2150 +4.1315
Prev. Close Volume Bid Ask Time
265.0835 0 2018-09-24 08:54:30
52wk High274.673252wk High Date2018-05-22
52wk Low188.986952wk Low Date2017-10-09
Want to analyze S&P GSCI PETROLEUM INDEX SPOT SPGSPT or another symbol? Try our Free Index Trend Analysis Report.