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Index Trend Analysis Report

Prepared for you on Sunday, March 26, 2023.

S&P GSCI Gasoil ER (CME:SPGSGOP)

Long-Term Downtrend (-90) - SPGSGOP is in a strong downtrend that is likely to continue. While SPGSGOP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

CME_SPGSGOP
Open High Low SPGSGOP Price Change
567.50 572.43 547.03 562.19 -1.33
Entry Signal

MarketClub’s Trade Triangles for SPGSGOP

long term down The long-term trend has been DOWN since Dec 7th, 2022 at 580.32

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 574.36

short term down The short-term trend has been DOWN since Mar 24th, 2023 at 552.52

Smart Scan Analysis for SPGSGOP

Based on our trend formula, SPGSGOP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPGSGOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
567.50 572.43 547.03 562.19 -1.33
Prev. Close Volume Bid Ask Time
559.35 0 2023-03-24 11:55:00
52wk High457.618552wk High Date2018-10-04
52wk Low328.529952wk Low Date2018-02-14
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