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Index Trend Analysis Report

Prepared for you on Monday, November 18, 2019.

S&P GSCI Heating Oil (CME:SPGSHO)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
230.751 236.604 229.743 230.751 -5.258
Entry Signal

MarketClub’s Trade Triangles for SPGSHO

long term up The long term trend has been UP since Sep 16th, 2019 at 244.0443

intermediate term down The intermediate term trend has been DOWN since Oct 31st, 2019 at 226.9420

short term up The short term trend has been UP since Nov 14th, 2019 at 234.4550

Smart Scan Analysis for SPGSHO

Based on a pre-defined weighted trend formula for chart analysis, SPGSHO scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for SPGSHO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
230.751 236.604 229.743 230.751 -5.258
Prev. Close Volume Bid Ask Time
234.370 0 2019-11-18 11:48:55
52wk High297.522552wk High Date2018-10-03
52wk Low219.79652wk Low Date2018-02-14
Want to analyze S&P GSCI Heating Oil SPGSHO or another symbol? Try our Free Index Trend Analysis Report.