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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.

CME_SPGSPT
Open High Low SPGSPT Price Change
203.1207 203.1476 201.8755 202.4735 -1.5966
Entry Signal

MarketClub’s Trade Triangles for SPGSPT

long term down The long-term trend has been DOWN since Jan 30th, 2020 at 195.2232

intermediate term up The intermediate-term trend has been UP since Feb 19th, 2020 at 203.4501

short term up 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).

+60
Smart Scan Analysis for SPGSPT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
203.1207 203.1476 201.8755 202.4735 -1.5966
Prev. Close Volume Bid Ask Time
221.2454 0 2020-02-20 04:04:20
52wk High289.615352wk High Date2018-10-03
52wk Low192.463152wk Low Date2018-11-29
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