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.
MarketClub’s Trade Triangles for SPGSCIECL
The long-term trend has been UP since Jul 21st, 2020 at 236.108
The intermediate-term trend has been DOWN since Sep 3rd, 2020 at 248.931
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).
|52wk High||431.856||52wk High Date||2018-10-03|
|52wk Low||278.0652||52wk Low Date||2018-11-29|