Index Trend Analysis Report
Prepared for you on Sunday, February 25, 2018.
S&P GSCI INVERSE INDUSTRIAL METALS 1 MTH (CME:SG1MINIT)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for SG1MINIT
The long term trend has been DOWN since Jul 25th, 2017 at 34.5885
The intermediate term trend has been DOWN since Feb 15th, 2018 at 28.2807
The short term trend has been UP since Feb 20th, 2018 at 28.7920
Smart Scan Analysis for SG1MINIT
Based on a pre-defined weighted trend formula for chart analysis, SG1MINIT scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||38.1229||52wk High Date||2017-05-18|
|52wk Low||28.2745||52wk Low Date||2018-02-15|