Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, May 31, 2023.

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

Crossroads (-60) - SPGSCIECL 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 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
389.37 391.90 377.05 387.74 -3.54
Entry Signal

MarketClub’s Trade Triangles for SPGSCIECL

long term up The long-term trend has been UP since Apr 12th, 2023 at 464.85

intermediate term down The intermediate-term trend has been DOWN since Apr 24th, 2023 at 431.55

short term down The short-term trend has been DOWN since May 30th, 2023 at 399.33

Smart Scan Analysis for SPGSCIECL

Based on our trend formula, SPGSCIECL is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPGSCIECL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
389.37 391.90 377.05 387.74 -3.54
Prev. Close Volume Bid Ask Time
391.28 0 2023-05-31 10:53:00
52wk High431.85652wk High Date2018-10-03
52wk Low278.065252wk Low Date2018-11-29
Get a free daily analysis and signals for S&P GSCI Crude Oil Enhanced (SPGSCIECL) - Request Your Free Report.