Index Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
S&P GSCI NICKEL DYNAMIC ROLL INDEX ER (CME:SPDYIKP)
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 SPDYIKP
The long term trend has been UP since Aug 3rd, 2017 at 245.6251
The intermediate term trend has been UP since Apr 10th, 2018 at 318.8978
The short term trend has been DOWN since May 22nd, 2018 at 339.3429
Smart Scan Analysis for SPDYIKP
Based on a pre-defined weighted trend formula for chart analysis, SPDYIKP scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||389.5102||52wk High Date||2018-04-19|
|52wk Low||206.415||52wk Low Date||2017-06-13|