Index Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
S&P GSCI AG CAP COMP 35/20 EUR ER (CME:SPGSAGSCE)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 DOWN since Sep 18th, 2018 at 134.1059
The intermediate term trend has been UP since Oct 2nd, 2018 at 139.9544
The short term trend has been DOWN since Oct 21st, 2018 at 144.6925
Smart Scan Analysis for SPGSAGSCE
Based on a pre-defined weighted trend formula for chart analysis, SPGSAGSCE scored -55 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|