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Index Trend Analysis Report

Prepared for you on Monday, October 19, 2020.

S&P GSCI Crude Oil Enhanced (CME:SPGSCIECL)

Sidelines Mode (-50) - SPGSCIECL is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SPGSCIECL can gain momentum.

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

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

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

CME_SPGSCIECL
Open High Low SPGSCIECL Price Change
242.070 243.645 241.114 241.901 +0.112
Entry Signal

MarketClub’s Trade Triangles for SPGSCIECL

long term up The long-term trend has been UP since Jul 21st, 2020 at 236.108

intermediate term down The intermediate-term trend has been DOWN since Sep 3rd, 2020 at 248.931

short term down The short-term trend has been DOWN since Oct 12th, 2020 at 238.302

Smart Scan Analysis for SPGSCIECL

Based on our trend formula, SPGSCIECL is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for SPGSCIECL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
242.070 243.645 241.114 241.901 +0.112
Prev. Close Volume Bid Ask Time
240.776 0 2020-10-19 15:28:37
52wk High431.85652wk High Date2018-10-03
52wk Low278.065252wk Low Date2018-11-29
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