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Index Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
S&P GSCI Heating Oil TR (CME:SPGSHOTR)
Strong Downtrend (-100) - SPGSHOTR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPGSHOTR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPGSHOTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSHOTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPGSHOTR
The long-term trend has been DOWN since Nov 9th, 2023 at 1826.54
The intermediate-term trend has been DOWN since Oct 4th, 2023 at 2026.03
The short-term trend has been DOWN since Nov 30th, 2023 at 1875.47
Smart Scan Analysis for SPGSHOTR
Based on our trend formula, SPGSHOTR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1786.18 | 1802.05 | 1769.60 | 1777.48 | +12.67 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1764.81 | 0 | 2023-12-08 15:38:00 |
| 52wk High | 1005.496 | 52wk High Date | 2018-10-03 |
| 52wk Low | 736.195 | 52wk Low Date | 2018-02-14 |