Analyze Symbol

Index Trend Analysis Report

Prepared for you on Wednesday, August 22, 2018.

S&P GSCI PETROLEUM EX-GAS OIL INDEX SPOT (CME:SPGSXG)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management 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_SPGSXG
Open High Low SPGSXG Price Change
245.3398 245.4402 0.0000 245.4013 +1.0240
Entry Signal

MarketClub’s Trade Triangles for SPGSXG

long term down The long term trend has been DOWN since Aug 15th, 2018 at 239.3876

intermediate term down The intermediate term trend has been DOWN since Jul 16th, 2018 at 249.5021

short term up The short term trend has been UP since Aug 20th, 2018 at 243.8671

Smart Scan Analysis for SPGSXG

Based on a pre-defined weighted trend formula for chart analysis, SPGSXG scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for SPGSXG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
245.3398 245.4402 0.0000 245.4013 +1.0240
Prev. Close Volume Bid Ask Time
243.1218 0 2018-08-22 01:03:40
52wk High271.405452wk High Date2018-05-22
52wk Low174.617652wk Low Date2017-08-30
Want to analyze S&P GSCI PETROLEUM EX-GAS OIL INDEX SPOT SPGSXG or another symbol? Try our Free Index Trend Analysis Report.