Analyze Symbol

Index Trend Analysis Report

Prepared for you on Sunday, May 26, 2019.

S&P GSCI HEATING OIL INDEX SPOT (CME:SPGSHO)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_SPGSHO
Open High Low SPGSHO Price Change
238.4140 240.6607 236.0943 239.4948 +1.0809
Entry Signal

MarketClub’s Trade Triangles for SPGSHO

long term up The long term trend has been UP since Apr 7th, 2019 at 248.7127

intermediate term down The intermediate term trend has been DOWN since May 23rd, 2019 at 246.3931

short term down The short term trend has been DOWN since May 20th, 2019 at 253.6799

Smart Scan Analysis for SPGSHO

Based on a pre-defined weighted trend formula for chart analysis, SPGSHO scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SPGSHO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
238.4140 240.6607 236.0943 239.4948 +1.0809
Prev. Close Volume Bid Ask Time
244.9235 0 2019-05-24 15:27:06
52wk High297.522552wk High Date2018-10-03
52wk Low219.79652wk Low Date2018-02-14
Want to analyze S&P GSCI HEATING OIL INDEX SPOT SPGSHO or another symbol? Try our Free Index Trend Analysis Report.