Index Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
Citi Oil Price Pure Europe Index (CME:CIISOPEP)
Long-Term Uptrend (+90) - CIISOPEP is in a strong uptrend that is likely to continue. While CIISOPEP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CIISOPEP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CIISOPEP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CIISOPEP
The long-term trend has been UP since Oct 1st, 2021 at 97.06
The intermediate-term trend has been UP since Sep 23rd, 2021 at 93.96
The short-term trend has been UP since Sep 23rd, 2021 at 93.73
Smart Scan Analysis for CIISOPEP
Based on our trend formula, CIISOPEP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||88.87||52wk High Date||2018-10-04|
|52wk Low||81.81||52wk Low Date||2018-11-29|