Index Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
S&P Crude Oil - Equity Spread Index ER (CME:SPCOESP)
Weak Downtrend (-65) - SPCOESP is showing signs of a strengthening downtrend. Monitor SPCOESP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPCOESP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCOESP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCOESP
The long-term trend has been UP since Sep 30th, 2021 at 5.01
The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 5.11
The short-term trend has been DOWN since Nov 26th, 2021 at 4.71
Smart Scan Analysis for SPCOESP
Based on our trend formula, SPCOESP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||15.92||52wk High Date||2018-07-03|
|52wk Low||10.76||52wk Low Date||2018-11-29|