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Index Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

S&P GSCI Crude Oil Enhanced ER (CME:SPGSCIECLP)

Bear Market Rally (-75) - SPGSCIECLP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSCIECLP as it may be in the beginning of a reversal.

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

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

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

CME_SPGSCIECLP
Open High Low SPGSCIECLP Price Change
449.02 471.58 448.51 470.54 +22.94
Entry Signal

MarketClub’s Trade Triangles for SPGSCIECLP

long term down The long-term trend has been DOWN since Aug 4th, 2022 at 553.78

intermediate term down The intermediate-term trend has been DOWN since Feb 3rd, 2023 at 482.09

short term up The short-term trend has been UP since Mar 27th, 2023 at 463.18

Smart Scan Analysis for SPGSCIECLP

Based on our trend formula, SPGSCIECLP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SPGSCIECLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
449.02 471.58 448.51 470.54 +22.94
Prev. Close Volume Bid Ask Time
447.60 0 2023-03-27 15:50:00
52wk High644.82852wk High Date2018-10-03
52wk Low414.52652wk Low Date2018-11-29
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