Index Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
S&P GSCI Crude Oil TR (CME:SPGSCLTR)
Bear Market Rally (-75) - SPGSCLTR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSCLTR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSCLTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSCLTR
The long-term trend has been DOWN since Feb 3rd, 2020 at 432.25
The intermediate-term trend has been DOWN since Jan 8th, 2020 at 505.53
The short-term trend has been UP since Feb 12th, 2020 at 435.09
Smart Scan Analysis for SPGSCLTR
Based on our trend formula, SPGSCLTR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||651.667||52wk High Date||2018-10-03|
|52wk Low||420.365||52wk Low Date||2018-11-29|