Index Trend Analysis Report
Prepared for you on Friday, January 18, 2019.
GOLDMAN SACHS TOTAL RETURN (CME:SPGSCITR)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 SPGSCITR
The long term trend has been DOWN since Nov 9th, 2018 at 2600.2554
The intermediate term trend has been UP since Jan 11th, 2019 at 2402.2591
The short term trend has been UP since Jan 16th, 2019 at 2383.5780
Smart Scan Analysis for SPGSCITR
Based on a pre-defined weighted trend formula for chart analysis, SPGSCITR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2966.857||52wk High Date||2018-10-03|
|52wk Low||2350.829||52wk Low Date||2018-11-29|