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.
MarketClub’s Trade Triangles for SPGSCLP
The long-term trend has been DOWN since Feb 3rd, 2020 at 152.150
The intermediate-term trend has been UP since May 18th, 2020 at 46.768
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).
|52wk High||235.8917||52wk High Date||2018-10-03|
|52wk Low||151.5548||52wk Low Date||2018-11-29|