Index Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
S&P GSCI DYNAMIC ROLL INDEX ER (CME:SPDYCIP)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 SPDYCIP
The long term trend has been UP since Sep 5th, 2017 at 292.0351
The intermediate term trend has been DOWN since Jul 11th, 2018 at 337.6737
The short term trend has been DOWN since Jul 11th, 2018 at 347.7723
Smart Scan Analysis for SPDYCIP
Based on a pre-defined weighted trend formula for chart analysis, SPDYCIP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||364.3762||52wk High Date||2018-05-22|
|52wk Low||279.6161||52wk Low Date||2017-08-17|