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Index Trend Analysis Report

Prepared for you on Wednesday, January 17, 2018.

S&P GSCI BIOFUELS USD (CME:SPGSBF)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

CME_SPGSBF
Open High Low SPGSBF Price Change
105.4613 105.9211 105.3922 105.8692 +0.3803
Entry Signal

MarketClub’s Trade Triangles for SPGSBF

long term down The long term trend has been DOWN since Dec 23rd, 2016 at 120.2987

intermediate term down The intermediate term trend has been DOWN since Jan 16th, 2018 at 107.0111

short term down The short term trend has been DOWN since Jan 8th, 2018 at 110.8543

Smart Scan Analysis for SPGSBF

Based on a pre-defined weighted trend formula for chart analysis, SPGSBF scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SPGSBF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
105.4613 105.9211 105.3922 105.8692 +0.3803
Prev. Close Volume Bid Ask Time
105.4889 0 2018-01-17 05:47:05
52wk High132.856252wk High Date2017-01-19
52wk Low105.208352wk Low Date2017-06-26
Want to analyze S&P GSCI BIOFUELS USD SPGSBF or another symbol? Try our Free Index Trend Analysis Report.