Index Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
S&P GSCI LEAD DYNAMIC ROLL INDEX ER (CME:SPDYILP)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 SPDYILP
The long term trend has been DOWN since Jul 11th, 2018 at 417.3301
The intermediate term trend has been DOWN since Nov 27th, 2018 at 351.5999
The short term trend has been DOWN since Dec 7th, 2018 at 365.8022
Smart Scan Analysis for SPDYILP
Based on a pre-defined weighted trend formula for chart analysis, SPDYILP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||500.1065||52wk High Date||2018-02-02|
|52wk Low||346.8748||52wk Low Date||2018-10-11|