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Index Trend Analysis Report

Prepared for you on Saturday, June 25, 2022.

S&P Oil & Gas Exploration & Production Select Industry Index (CME:SPSIOP)

Weak Downtrend (-65) - SPSIOP is showing signs of a strengthening downtrend. Monitor SPSIOP as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SPSIOP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPSIOP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPSIOP
Open High Low SPSIOP Price Change
4629.13 4830.10 4629.13 4689.92 +60.79
Entry Signal

MarketClub’s Trade Triangles for SPSIOP

long term up The long-term trend has been UP since Sep 28th, 2021 at 3832.88

intermediate term down The intermediate-term trend has been DOWN since Jun 17th, 2022 at 5235.89

short term down The short-term trend has been DOWN since Jun 10th, 2022 at 6208.42

Smart Scan Analysis for SPSIOP

Based on our trend formula, SPSIOP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SPSIOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4629.13 4830.10 4629.13 4689.92 +60.79
Prev. Close Volume Bid Ask Time
4689.92 0 2022-06-24 16:20:00
52wk High6918.5352wk High Date2018-07-10
52wk Low4719.2952wk Low Date2018-02-09
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