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Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

S&P GSCI Gasoil ER (CME:SPGSGOP)

Sidelines Mode (+55) - SPGSGOP 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 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
737.27 747.40 736.12 745.56 +4.83
Entry Signal

MarketClub’s Trade Triangles for SPGSGOP

long term up The long-term trend has been UP since Feb 8th, 2024 at 748.21

intermediate term up The intermediate-term trend has been UP since Jan 12th, 2024 at 685.32

short term down The short-term trend has been DOWN since Mar 20th, 2024 at 759.38

Smart Scan Analysis for SPGSGOP

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

+55
Smart Scan Analysis for SPGSGOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
737.27 747.40 736.12 745.56 +4.83
Prev. Close Volume Bid Ask Time
744.18 0 2024-03-28 11:54:00
52wk High457.618552wk High Date2018-10-04
52wk Low328.529952wk Low Date2018-02-14
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