Index Trend Analysis Report
Prepared for you on Friday, January 18, 2019.
S&P GSCI ALL METALS CAPPD COMM IND SPOT (CME:SPGSAMC)
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 SPGSAMC
The long term trend has been DOWN since Jan 2nd, 2019 at 201.7203
The intermediate term trend has been UP since Jan 17th, 2019 at 206.5618
The short term trend has been UP since Jan 16th, 2019 at 206.0701
Smart Scan Analysis for SPGSAMC
Based on a pre-defined weighted trend formula for chart analysis, SPGSAMC scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||253.5703||52wk High Date||2018-04-19|
|52wk Low||201.0712||52wk Low Date||2018-08-15|