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Index Trend Analysis Report

Prepared for you on Saturday, June 22, 2024.

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

Crossroads (+60) - SPDYHOP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPDYHOP
Open High Low SPDYHOP Price Change
506.79 510.42 502.96 504.15 -2.64
Entry Signal

MarketClub’s Trade Triangles for SPDYHOP

long term down The long-term trend has been DOWN since May 1st, 2024 at 504.09

intermediate term up The intermediate-term trend has been UP since Jun 20th, 2024 at 509.09

short term up The short-term trend has been UP since Jun 7th, 2024 at 483.72

Smart Scan Analysis for SPDYHOP

Based on our trend formula, SPDYHOP is rated as a +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
506.79 510.42 502.96 504.15 -2.64
Prev. Close Volume Bid Ask Time
504.19 0 2024-06-21 14:30:03
52wk High429.324752wk High Date2018-10-03
52wk Low316.430952wk Low Date2018-11-29
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