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Index Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

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

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_SPCOESTR
Open High Low SPCOESTR Price Change
14.97 15.06 14.85 14.95 -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 down The intermediate term trend has been DOWN since Jan 8th, 2020 at 16.93

short term down The short term trend has been DOWN since Jan 8th, 2020 at 17.42

Smart Scan Analysis for SPCOESTR

Based on a pre-defined weighted trend formula for chart analysis, SPCOESTR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SPCOESTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.97 15.06 14.85 14.95 -0.02
Prev. Close Volume Bid Ask Time
16.45 0 2020-01-29 08:51:18
52wk High24.1452wk High Date2018-07-03
52wk Low16.4652wk Low Date2018-11-29
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