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Index Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

S&P GSCI PETROLEUM INDEX EXCESS RETURN (CME:SPGSPTP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_SPGSPTP
Open High Low SPGSPTP Price Change
259.2444 261.2330 259.1536 260.5608 +2.2324
Entry Signal

MarketClub’s Trade Triangles for SPGSPTP

long term down The long term trend has been DOWN since Nov 6th, 2018 at 309.2072

intermediate term down The intermediate term trend has been DOWN since Oct 17th, 2018 at 342.6329

short term down The short term trend has been DOWN since Dec 7th, 2018 at 255.8741

Smart Scan Analysis for SPGSPTP

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

-100
Smart Scan Analysis for SPGSPTP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
259.2444 261.2330 259.1536 260.5608 +2.2324
Prev. Close Volume Bid Ask Time
257.0511 0 2018-12-12 00:39:36
52wk High372.754152wk High Date2018-10-03
52wk Low248.309252wk Low Date2018-11-29
Want to analyze S&P GSCI PETROLEUM INDEX EXCESS RETURN SPGSPTP or another symbol? Try our Free Index Trend Analysis Report.