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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

S&P GSCI Crude Oil (CME:SPGSCL)

Strong Downtrend (-100) - SPGSCL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPGSCL continues to fall. Traders should use caution and set stops.

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

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

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

CME_SPGSCL
Open High Low SPGSCL Price Change
429.85 430.29 417.57 422.89 -7.40
Entry Signal

MarketClub’s Trade Triangles for SPGSCL

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 417.35

intermediate term down The intermediate-term trend has been DOWN since Jul 16th, 2024 at 439.55

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 434.29

Smart Scan Analysis for SPGSCL

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

-100
Smart Scan Analysis for SPGSCL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
429.85 430.29 417.57 422.89 -7.40
Prev. Close Volume Bid Ask Time
430.29 0 2024-07-26 15:33:00
52wk High421.352452wk High Date2018-10-03
52wk Low270.963352wk Low Date2018-11-29
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