Index Trend Analysis Report
Prepared for you on Monday, August 20, 2018.
S&P GSCI ALL MTLS CAP COMM 35/20 EUR TRUST (CME:SPGSAMCTRE)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 SPGSAMCTRE
The long term trend has been DOWN since Jul 11th, 2018 at 96.9184
The intermediate term trend has been DOWN since Aug 15th, 2018 at 94.9466
The short term trend has been UP since Aug 19th, 2018 at 95.0376
Smart Scan Analysis for SPGSAMCTRE
Based on a pre-defined weighted trend formula for chart analysis, SPGSAMCTRE scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||109.6339||52wk High Date||2018-06-15|
|52wk Low||92.9443||52wk Low Date||2018-08-16|