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Index Trend Analysis Report

Prepared for you on Wednesday, August 5, 2020.

S&P GSCI Heating Oil (CME:SPGSHO)

Strong Uptrend (+100) - SPGSHO is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPGSHO continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
153.267 158.514 153.218 158.003 +5.671
Entry Signal

MarketClub’s Trade Triangles for SPGSHO

long term up The long-term trend has been UP since Jul 6th, 2020 at 152.162

intermediate term up The intermediate-term trend has been UP since Aug 5th, 2020 at 157.821

short term up The short-term trend has been UP since Aug 4th, 2020 at 152.903

Smart Scan Analysis for SPGSHO

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

+100
Smart Scan Analysis for SPGSHO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
153.267 158.514 153.218 158.003 +5.671
Prev. Close Volume Bid Ask Time
132.087 0 2020-08-05 09:41:40
52wk High297.522552wk High Date2018-10-03
52wk Low219.79652wk Low Date2018-02-14
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