Index Trend Analysis Report
Prepared for you on Friday, February 23, 2018.
S&P GSCI GASOIL DYNAMIC ROLL INDEX ER (CME:SPDYGOP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 SPDYGOP
The long term trend has been UP since Aug 31st, 2017 at 485.2865
The intermediate term trend has been DOWN since Feb 5th, 2018 at 595.7691
The short term trend has been UP since Feb 15th, 2018 at 560.6506
Smart Scan Analysis for SPDYGOP
Based on a pre-defined weighted trend formula for chart analysis, SPDYGOP scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||616.9399||52wk High Date||2018-01-25|
|52wk Low||407.0782||52wk Low Date||2017-06-22|