Index Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
S&P GSCI ALL CRUDE INDEX TOTAL RETURN (CME:SPGSCRTR)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 SPGSCRTR
The long term trend has been UP since Sep 13th, 2017 at 600.2227
The intermediate term trend has been DOWN since Jul 16th, 2018 at 839.7918
The short term trend has been DOWN since Jul 11th, 2018 at 893.3425
Smart Scan Analysis for SPGSCRTR
Based on a pre-defined weighted trend formula for chart analysis, SPGSCRTR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||915.4454||52wk High Date||2018-07-10|
|52wk Low||540.5962||52wk Low Date||2017-07-24|