Index Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
S&P GSCI Petroleum (CME:SPGSPT)
Crossroads (+60) - SPGSPT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPGSPT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSPT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSPT
The long-term trend has been DOWN since Jan 30th, 2020 at 195.2232
The intermediate-term trend has been UP since Feb 19th, 2020 at 203.4501
The short-term trend has been UP since Feb 6th, 2020 at 194.0352
Smart Scan Analysis for SPGSPT
Based on our trend formula, SPGSPT is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||289.6153||52wk High Date||2018-10-03|
|52wk Low||192.4631||52wk Low Date||2018-11-29|