Index Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
S&P GSCI INVERSE INDUSTRIAL METALS 1 MTH (CME:SG1MINIT)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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 UP since Jul 3rd, 2018 at 31.1469
The intermediate term trend has been DOWN since Dec 2nd, 2018 at 34.1641
The short term trend has been UP since Dec 5th, 2018 at 34.6589
Smart Scan Analysis for SG1MINIT
Based on a pre-defined weighted trend formula for chart analysis, SG1MINIT scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||35.7886||52wk High Date||2018-11-27|
|52wk Low||27.4318||52wk Low Date||2018-04-19|