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Index Trend Analysis Report

Prepared for you on Monday, January 24, 2022.

S&P GSCI Heating Oil (CME:SPGSHO)

Long-Term Uptrend (+90) - SPGSHO is in a strong uptrend that is likely to continue. While SPGSHO is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

CME_SPGSHO
Open High Low SPGSHO Price Change
322.189 322.869 317.185 317.185 -3.109
Entry Signal

MarketClub’s Trade Triangles for SPGSHO

long term up The long-term trend has been UP since Jan 17th, 2022 at 315.558

intermediate term up The intermediate-term trend has been UP since Dec 22nd, 2021 at 276.136

short term up The short-term trend has been UP since Jan 24th, 2022 at 322.589

Smart Scan Analysis for SPGSHO

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

+90
Smart Scan Analysis for SPGSHO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
322.189 322.869 317.185 317.185 -3.109
Prev. Close Volume Bid Ask Time
320.294 0 2022-01-24 09:01:45
52wk High297.522552wk High Date2018-10-03
52wk Low219.79652wk Low Date2018-02-14
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