Index Trend Analysis Report
Prepared for you on Monday, December 11, 2017.
S&P GSCI GASOIL DYNAMIC ROLL INDEX ER (CME:SPDYGOP)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 SPDYGOP
The long term trend has been UP since Aug 31st, 2017 at 485.2865
The intermediate term trend has been DOWN since Dec 6th, 2017 at 543.7141
The short term trend has been DOWN since Dec 5th, 2017 at 549.1935
Smart Scan Analysis for SPDYGOP
Based on a pre-defined weighted trend formula for chart analysis, SPDYGOP scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||562.8357||52wk High Date||2017-11-10|
|52wk Low||407.0782||52wk Low Date||2017-06-22|