Index Trend Analysis Report
Prepared for you on Thursday, June 21, 2018.
GOLDMAN SACHS TOTAL RETURN (CME:SPGSCITR)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 SPGSCITR
The long term trend has been UP since Sep 5th, 2017 at 2280.2258
The intermediate term trend has been DOWN since Jun 4th, 2018 at 2744.1914
The short term trend has been DOWN since Jun 15th, 2018 at 2736.8792
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||2878.328||52wk High Date||2018-05-22|
|52wk Low||2045.215||52wk Low Date||2017-06-21|