Index Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
S&P GSCI AG CAP COMP 35/20 EUR ER (CME:SPGSAGSCE)
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 SPGSAGSCE
The long term trend has been UP since Feb 28th, 2018 at 141.5557
The intermediate term trend has been DOWN since Aug 21st, 2018 at 140.6415
The short term trend has been DOWN since Aug 20th, 2018 at 143.7220
Smart Scan Analysis for SPGSAGSCE
Based on a pre-defined weighted trend formula for chart analysis, SPGSAGSCE scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||158.4402||52wk High Date||2018-05-29|
|52wk Low||130.2221||52wk Low Date||2018-01-25|