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Index Trend Analysis Report

Prepared for you on Wednesday, June 12, 2024.

S&P GSCI Crude Oil (CME:SPGSCL)

Sidelines Mode (-55) - SPGSCL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
427.75 433.04 425.50 429.03 +1.29
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 Jun 3rd, 2024 at 417.35

short term up The short-term trend has been UP since Jun 7th, 2024 at 415.54

Smart Scan Analysis for SPGSCL

Based on our trend formula, SPGSCL is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPGSCL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
427.75 433.04 425.50 429.03 +1.29
Prev. Close Volume Bid Ask Time
427.74 0 2024-06-12 14:30:00
52wk High421.352452wk High Date2018-10-03
52wk Low270.963352wk Low Date2018-11-29
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