GOSI is the Global Oil Strength Index - an index c

GOSI is the Global Oil Strength Index - an index created to evaluate important issues and their effect on oil prices. It answers the basic question: “Are oil prices going up or down from here?”
A high rating is bullish for oil prices and a low rating is bearish.
In other words, the index is a lot of information boiled down to one number that indicates whether prices should go up or down.