Index Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
S&P GSCI Unleaded Gasoline ER (CME:SPGSHUP)
Countertrend Up (+85) - SPGSHUP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SPGSHUP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSHUP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSHUP
The long-term trend has been UP since Nov 24th, 2020 at 686.10
The intermediate-term trend has been UP since Aug 30th, 2021 at 1193.15
The short-term trend has been DOWN since Oct 20th, 2021 at 1385.35
Smart Scan Analysis for SPGSHUP
Based on our trend formula, SPGSHUP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1212.052||52wk High Date||2018-10-03|
|52wk Low||769.1364||52wk Low Date||2018-11-29|