Analyze Symbol

Index Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

S&P GOLD EQUITY SPREAD EXCESS RETURN (CME:SPGDESP)

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.

CME_SPGDESP
Open High Low SPGDESP Price Change
43.79 43.79 42.72 42.82 -0.93
Entry Signal

MarketClub’s Trade Triangles for SPGDESP

long term up The long term trend has been UP since Oct 26th, 2018 at 42.64

intermediate term down The intermediate term trend has been DOWN since Jan 15th, 2019 at 44.30

short term down The short term trend has been DOWN since Jan 4th, 2019 at 45.48

Smart Scan Analysis for SPGDESP

Based on a pre-defined weighted trend formula for chart analysis, SPGDESP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SPGDESP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
43.79 43.79 42.72 42.82 -0.93
Prev. Close Volume Bid Ask Time
45.14 0 2019-01-18 16:57:56
52wk High49.7152wk High Date2018-02-06
52wk Low36.8452wk Low Date2018-10-01
Want to analyze S&P GOLD EQUITY SPREAD EXCESS RETURN SPGDESP or another symbol? Try our Free Index Trend Analysis Report.