Index Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
S&P GSCI CRUDE OIL DYNAMIC ROLL INDEX ER (CME:SPDYCLP)
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 SPDYCLP
The long term trend has been UP since Sep 27th, 2018 at 1082.495
The intermediate term trend has been UP since Aug 29th, 2018 at 1042.512
The short term trend has been DOWN since Oct 17th, 2018 at 1079.944
Smart Scan Analysis for SPDYCLP
Based on a pre-defined weighted trend formula for chart analysis, SPDYCLP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1149.566||52wk High Date||2018-10-03|
|52wk Low||770.409||52wk Low Date||2017-10-20|