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Index Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

S&P GSCI HEATING OIL DYNAMIC ROLL INDEX (CME:SPDYHOP)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_SPDYHOP
Open High Low SPDYHOP Price Change
344.8663 348.3864 343.4796 347.2486 +2.3823
Entry Signal

MarketClub’s Trade Triangles for SPDYHOP

long term up The long term trend has been UP since Mar 1st, 2019 at 360.8085

intermediate term down The intermediate term trend has been DOWN since May 23rd, 2019 at 357.9770

short term down The short term trend has been DOWN since May 20th, 2019 at 363.8536

Smart Scan Analysis for SPDYHOP

Based on a pre-defined weighted trend formula for chart analysis, SPDYHOP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SPDYHOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
344.8663 348.3864 343.4796 347.2486 +2.3823
Prev. Close Volume Bid Ask Time
355.8501 0 2019-05-24 15:27:07
52wk High429.324752wk High Date2018-10-03
52wk Low316.430952wk Low Date2018-11-29
Want to analyze S&P GSCI HEATING OIL DYNAMIC ROLL INDEX SPDYHOP or another symbol? Try our Free Index Trend Analysis Report.