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Index Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

S&P Crude Oil - Equity Spread Index TR (CME:SPCOESTR)

Bull Market Weakness (+75) - SPCOESTR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPCOESTR as it may be in the beginning stages of a reversal.

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

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

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

CME_SPCOESTR
Open High Low SPCOESTR Price Change
5.53 5.55 5.52 5.53 +0.02
Entry Signal

MarketClub’s Trade Triangles for SPCOESTR

long term down The long-term trend has been DOWN since Jan 22nd, 2020 at 15.85

intermediate term up The intermediate-term trend has been UP since May 18th, 2020 at 4.99

short term up The short-term trend has been UP since May 29th, 2020 at 5.46

Smart Scan Analysis for SPCOESTR

Based on our trend formula, SPCOESTR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SPCOESTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.53 5.55 5.52 5.53 +0.02
Prev. Close Volume Bid Ask Time
6.99 0 2020-06-02 04:08:58
52wk High24.1452wk High Date2018-07-03
52wk Low16.4652wk Low Date2018-11-29
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