Index Trend Analysis Report
Prepared for you on Sunday, May 27, 2018.
S&P GSCI BRENT CRUDE INDEX TOTAL RETURN (CME:SPGSBRTR)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 SPGSBRTR
The long term trend has been UP since Sep 5th, 2017 at 409.456
The intermediate term trend has been UP since Mar 20th, 2018 at 537.845
The short term trend has been DOWN since May 25th, 2018 at 634.066
Smart Scan Analysis for SPGSBRTR
Based on a pre-defined weighted trend formula for chart analysis, SPGSBRTR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||651.518||52wk High Date||2018-05-22|
|52wk Low||343.118||52wk Low Date||2017-06-21|