Index Trend Analysis Report
Prepared for you on Monday, June 26, 2017.
S&P GSCI GASOIL DYNAMIC ROLL INDEX ER (CME:SPDYGOP)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 SPDYGOP
The long term trend has been DOWN since Mar 8th, 2017 at 487.5065
The intermediate term trend has been DOWN since Jun 5th, 2017 at 438.6576
The short term trend has been UP since Jun 26th, 2017 at 414.9731
Smart Scan Analysis for SPDYGOP
Based on a pre-defined weighted trend formula for chart analysis, SPDYGOP scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||527.4741||52wk High Date||2017-01-03|
|52wk Low||403.5925||52wk Low Date||2016-08-02|