Analyze Symbol

Index Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

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

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_SPGSXG
Open High Low SPGSXG Price Change
200.6977 201.9328 193.8946 194.6767 -0.6451
Entry Signal

MarketClub’s Trade Triangles for SPGSXG

long term down The long term trend has been DOWN since Nov 2nd, 2018 at 237.5028

intermediate term down The intermediate term trend has been DOWN since Oct 17th, 2018 at 261.3192

short term down The short term trend has been DOWN since Dec 7th, 2018 at 194.3985

Smart Scan Analysis for SPGSXG

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

-100
Smart Scan Analysis for SPGSXG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
200.6977 201.9328 193.8946 194.6767 -0.6451
Prev. Close Volume Bid Ask Time
195.3218 0 2018-12-10 15:24:07
52wk High286.038252wk High Date2018-10-03
52wk Low188.173352wk Low Date2018-11-29
Want to analyze S&P GSCI PETROLEUM EX-GAS OIL INDEX SPOT SPGSXG or another symbol? Try our Free Index Trend Analysis Report.