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Index Trend Analysis Report

Prepared for you on Friday, August 23, 2019.

S&P GSCI Petroleum ex Gasoil ER (CME:SPGSXGP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_SPGSXGP
Open High Low SPGSXGP Price Change
250.1924 251.1438 242.1882 242.5891 -7.4025
Entry Signal

MarketClub’s Trade Triangles for SPGSXGP

long term down The long term trend has been DOWN since Jun 2nd, 2019 at 246.9634

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2019 at 256.2691

short term down The short term trend has been DOWN since Aug 22nd, 2019 at 250.1897

Smart Scan Analysis for SPGSXGP

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

-100
Smart Scan Analysis for SPGSXGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
250.1924 251.1438 242.1882 242.5891 -7.4025
Prev. Close Volume Bid Ask Time
273.4835 0 2019-08-23 13:20:06
52wk High350.404152wk High Date2018-10-03
52wk Low230.807352wk Low Date2018-11-29
Want to analyze S&P GSCI Petroleum ex Gasoil ER SPGSXGP or another symbol? Try our Free Index Trend Analysis Report.