Index Trend Analysis Report
Prepared for you on Tuesday, October 16, 2018.
S&P GSCI ALL METALS CAPPD COMM 35/20 TRUST (CME:SPGSAMCTR)
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 SPGSAMCTR
The long term trend has been DOWN since Jun 28th, 2018 at 247.6001
The intermediate term trend has been UP since Sep 24th, 2018 at 231.5953
The short term trend has been DOWN since Oct 16th, 2018 at 231.1346
Smart Scan Analysis for SPGSAMCTR
Based on a pre-defined weighted trend formula for chart analysis, SPGSAMCTR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||275.6084||52wk High Date||2018-04-19|
|52wk Low||219.0496||52wk Low Date||2018-08-15|