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Index Trend Analysis Report

Prepared for you on Thursday, July 18, 2019.

S&P GSCI Heating Oil Dynamic Roll ER (CME:SPDYHOP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_SPDYHOP
Open High Low SPDYHOP Price Change
332.9546 335.3191 328.9011 329.3811 -3.5735
Entry Signal

MarketClub’s Trade Triangles for SPDYHOP

long term down The long term trend has been DOWN since May 31st, 2019 at 327.3179

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2019 at 330.3768

short term down The short term trend has been DOWN since Jul 15th, 2019 at 347.2129

Smart Scan Analysis for SPDYHOP

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

-100
Smart Scan Analysis for SPDYHOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
332.9546 335.3191 328.9011 329.3811 -3.5735
Prev. Close Volume Bid Ask Time
351.0887 0 2019-07-18 10:49:38
52wk High429.324752wk High Date2018-10-03
52wk Low316.430952wk Low Date2018-11-29
Want to analyze S&P GSCI Heating Oil Dynamic Roll ER SPDYHOP or another symbol? Try our Free Index Trend Analysis Report.