Index Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
S&P GSCI NICKEL DYNAMIC ROLL INDEX ER (CME:SPDYIKP)
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 SPDYIKP
The long term trend has been UP since Aug 3rd, 2017 at 245.6251
The intermediate term trend has been UP since Dec 20th, 2017 at 283.5221
The short term trend has been DOWN since Mar 15th, 2018 at 318.6871
Smart Scan Analysis for SPDYIKP
Based on a pre-defined weighted trend formula for chart analysis, SPDYIKP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||337.7645||52wk High Date||2018-02-15|
|52wk Low||206.415||52wk Low Date||2017-06-13|