Index Trend Analysis Report
Prepared for you on Monday, August 20, 2018.
S&P GSCI ENHANCED CAP COMP 35/20 EXC RETURN (CME:SPGSCIE27CP)
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 SPGSCIE27CP
The long term trend has been DOWN since Jul 17th, 2018 at 217.1542
The intermediate term trend has been DOWN since Aug 13th, 2018 at 219.7792
The short term trend has been UP since Aug 19th, 2018 at 220.0545
Smart Scan Analysis for SPGSCIE27CP
Based on a pre-defined weighted trend formula for chart analysis, SPGSCIE27CP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||237.215||52wk High Date||2018-05-22|
|52wk Low||200.1386||52wk Low Date||2017-08-17|