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Index Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

S&P GSCI Crude Oil Enhanced TR (CME:SPGSCIECLTR)

Weak Downtrend (-65) - SPGSCIECLTR is showing signs of a strengthening downtrend. Monitor SPGSCIECLTR as it may be building momentum to the downside.

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

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

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

CME_SPGSCIECLTR
Open High Low SPGSCIECLTR Price Change
1057.29 1061.22 1047.94 1055.39 -1.09
Entry Signal

MarketClub’s Trade Triangles for SPGSCIECLTR

long term up The long-term trend has been UP since Mar 1st, 2024 at 1039.74

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 1087.20

short term down The short-term trend has been DOWN since May 21st, 2024 at 1063.96

Smart Scan Analysis for SPGSCIECLTR

Based on our trend formula, SPGSCIECLTR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SPGSCIECLTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1057.29 1061.22 1047.94 1055.39 -1.09
Prev. Close Volume Bid Ask Time
1056.48 0 2024-05-22 08:15:00
52wk High1130.96452wk High Date2018-10-03
52wk Low730.07652wk Low Date2018-11-29
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