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Index Trend Analysis Report

Prepared for you on Wednesday, May 27, 2020.

S&P GSCI Crude Oil ER (CME:SPGSCLP)

Sidelines Mode (-55) - SPGSCLP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPGSCLP
Open High Low SPGSCLP Price Change
52.586 53.465 48.805 49.993 -2.932
Entry Signal

MarketClub’s Trade Triangles for SPGSCLP

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 152.150

intermediate term up The intermediate-term trend has been UP since May 18th, 2020 at 46.768

short term down The short-term trend has been DOWN since May 27th, 2020 at 49.237

Smart Scan Analysis for SPGSCLP

Based on our trend formula, SPGSCLP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPGSCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.586 53.465 48.805 49.993 -2.932
Prev. Close Volume Bid Ask Time
60.849 0 2020-05-27 20:28:15
52wk High235.891752wk High Date2018-10-03
52wk Low151.554852wk Low Date2018-11-29
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