Index Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
S&P COMMODITY TRADING STRATEGY IND SPOT (CME:SPDFI)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 SPDFI
The long term trend has been UP since Nov 13th, 2018 at 124.08
The intermediate term trend has been UP since Nov 9th, 2018 at 123.32
The short term trend has been DOWN since Dec 13th, 2018 at 124.63
Smart Scan Analysis for SPDFI
Based on a pre-defined weighted trend formula for chart analysis, SPDFI scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||126.3||52wk High Date||2018-11-27|
|52wk Low||117.69||52wk Low Date||2017-12-06|