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Index Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

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

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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
17.02 17.33 16.94 17.32 +0.23
Entry Signal

MarketClub’s Trade Triangles for SPCOESTR

long term down The long term trend has been DOWN since Jun 2nd, 2019 at 17.47

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2019 at 16.91

short term down The short term trend has been DOWN since Aug 16th, 2019 at 17.18

Smart Scan Analysis for SPCOESTR

Based on a pre-defined weighted trend formula for chart analysis, SPCOESTR scored -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
17.02 17.33 16.94 17.32 +0.23
Prev. Close Volume Bid Ask Time
18.99 0 2019-08-19 16:36:55
52wk High24.1452wk High Date2018-07-03
52wk Low16.4652wk Low Date2018-11-29
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