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Index Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

BNY Mellon Oil & Gas Classic ADR Index (CME:BKCOG)

Long-Term Downtrend (-90) - BKCOG is in a strong downtrend that is likely to continue. While BKCOG is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

CME_BKCOG
Open High Low BKCOG Price Change
698.34 698.34 676.57 689.33 -27.05
Entry Signal

MarketClub’s Trade Triangles for BKCOG

long term down The long-term trend has been DOWN since Jun 23rd, 2022 at 701.71

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 794.94

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 717.96

Smart Scan Analysis for BKCOG

Based on our trend formula, BKCOG is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BKCOG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
698.34 698.34 676.57 689.33 -27.05
Prev. Close Volume Bid Ask Time
689.33 0 2022-07-05 16:20:03
52wk High1105.3652wk High Date2018-05-17
52wk Low917.3852wk Low Date2018-02-09
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