Index Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
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.
MarketClub’s Trade Triangles for SPGSCIECL
The long-term trend has been DOWN since Dec 2nd, 2021 at 362.542
The intermediate-term trend has been UP since Dec 22nd, 2021 at 409.899
The short-term trend has been UP since Jan 4th, 2022 at 435.546
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).
|52wk High||431.856||52wk High Date||2018-10-03|
|52wk Low||278.0652||52wk Low Date||2018-11-29|