Index Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
S&P GSCI EXCESS RETURN (CME:SPGSCIP)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 SPGSCIP
The long term trend has been DOWN since Dec 18th, 2018 at 220.7501
The intermediate term trend has been UP since Jan 18th, 2019 at 225.7371
The short term trend has been DOWN since Jan 22nd, 2019 at 223.6006
Smart Scan Analysis for SPGSCIP
Based on a pre-defined weighted trend formula for chart analysis, SPGSCIP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||279.642||52wk High Date||2018-10-03|
|52wk Low||220.7501||52wk Low Date||2018-11-29|