Index Trend Analysis Report
Prepared for you on Friday, May 25, 2018.
S&P GSCI ENHANCED CAP COMP 35/20 EXC RETURN (CME:SPGSCIE27CP)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 SPGSCIE27CP
The long term trend has been UP since Sep 6th, 2017 at 208.5963
The intermediate term trend has been UP since Apr 10th, 2018 at 224.0082
The short term trend has been DOWN since May 25th, 2018 at 234.5657
Smart Scan Analysis for SPGSCIE27CP
Based on a pre-defined weighted trend formula for chart analysis, SPGSCIE27CP scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||237.215||52wk High Date||2018-05-22|
|52wk Low||194.4073||52wk Low Date||2017-06-26|