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Index Trend Analysis Report

Prepared for you on Thursday, December 5, 2024.

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

Countertrend Down (-85) - SPGSCIECLP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
491.55 495.78 487.70 489.19 -2.94
Entry Signal

MarketClub’s Trade Triangles for SPGSCIECLP

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 513.50

intermediate term down The intermediate-term trend has been DOWN since Oct 28th, 2024 at 486.06

short term up The short-term trend has been UP since Dec 3rd, 2024 at 499.81

Smart Scan Analysis for SPGSCIECLP

Based on our trend formula, SPGSCIECLP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SPGSCIECLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
491.55 495.78 487.70 489.19 -2.94
Prev. Close Volume Bid Ask Time
492.13 0 2024-12-05 20:18:00
52wk High644.82852wk High Date2018-10-03
52wk Low414.52652wk Low Date2018-11-29
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