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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
S&P Crude Oil - Equity Spread Index ER (CME:SPCOESP)
Bear Market Rally (-75) - SPCOESP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPCOESP as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for SPCOESP
The long-term trend has been DOWN since Jun 3rd, 2024 at 5.16
The intermediate-term trend has been DOWN since Jul 15th, 2024 at 5.24
The short-term trend has been UP since Jul 25th, 2024 at 5.26
Smart Scan Analysis for SPCOESP
Based on our trend formula, SPCOESP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.31 | 5.31 | 5.13 | 5.19 | -0.12 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.31 | 0 | 2024-07-26 16:20:50 |
| 52wk High | 15.92 | 52wk High Date | 2018-07-03 |
| 52wk Low | 10.76 | 52wk Low Date | 2018-11-29 |