Index Trend Analysis Report
Prepared for you on Wednesday, December 19, 2018.
S&P GSCI DYNAMIC ROLL INDEX ER (CME:SPDYCIP)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 SPDYCIP
The long term trend has been UP since Dec 18th, 2018 at 369.0993
The intermediate term trend has been UP since Dec 18th, 2018 at 317.6765
The short term trend has been UP since Dec 18th, 2018 at 312.0196
Smart Scan Analysis for SPDYCIP
Based on a pre-defined weighted trend formula for chart analysis, SPDYCIP scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||369.2295||52wk High Date||2018-10-03|
|52wk Low||306.665||52wk Low Date||2018-11-26|