Index Trend Analysis Report
Prepared for you on Monday, May 21, 2018.
S&P GSCI 2X INVERSE CAPPED COMPONENT (CME:SPGC2XST)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 SPGC2XST
The long term trend has been DOWN since Sep 6th, 2017 at 4835.741
The intermediate term trend has been DOWN since Apr 10th, 2018 at 4175.817
The short term trend has been DOWN since May 15th, 2018 at 3818.646
Smart Scan Analysis for SPGC2XST
Based on a pre-defined weighted trend formula for chart analysis, SPGC2XST scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||5637.981||52wk High Date||2017-06-23|
|52wk Low||3759.042||52wk Low Date||2018-05-17|