Index Trend Analysis Report
Prepared for you on Monday, October 15, 2018.
S&P GSCI LEAD DYNAMIC ROLL INDEX ER (CME:SPDYILP)
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 SPDYILP
The long term trend has been DOWN since Jul 11th, 2018 at 417.3301
The intermediate term trend has been UP since Oct 12th, 2018 at 385.1386
The short term trend has been UP since Oct 12th, 2018 at 372.4920
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|