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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

S&P GSCI Gasoil ER (CME:SPGSGOP)

Strong Downtrend (-100) - SPGSGOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPGSGOP continues to fall. Traders should use caution and set stops.

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

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

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

CME_SPGSGOP
Open High Low SPGSGOP Price Change
699.95 700.87 679.69 680.15 -20.03
Entry Signal

MarketClub’s Trade Triangles for SPGSGOP

long term down The long-term trend has been DOWN since May 2nd, 2024 at 692.90

intermediate term down The intermediate-term trend has been DOWN since Jul 16th, 2024 at 705.33

short term down The short-term trend has been DOWN since Jul 26th, 2024 at 679.92

Smart Scan Analysis for SPGSGOP

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

-100
Smart Scan Analysis for SPGSGOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
699.95 700.87 679.69 680.15 -20.03
Prev. Close Volume Bid Ask Time
700.18 0 2024-07-26 15:33:00
52wk High457.618552wk High Date2018-10-04
52wk Low328.529952wk Low Date2018-02-14
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