Index Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
S&P Crude Oil - Equity Spread Index ER (CME:SPCOESP)
Crossroads (-60) - SPCOESP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since Jan 15th, 2020 at 10.14
The intermediate-term trend has been UP since Aug 5th, 2020 at 3.85
The short-term trend has been UP since Aug 4th, 2020 at 3.77
Smart Scan Analysis for SPCOESP
Based on our trend formula, SPCOESP is rated as a -60 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|