Index Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
S&P GSCI COTTON INDEX TOTAL RETURN (CME:SPGSCTTR)
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 SPGSCTTR
The long term trend has been UP since Sep 5th, 2017 at 305.9743
The intermediate term trend has been UP since Apr 11th, 2018 at 341.2195
The short term trend has been DOWN since Apr 24th, 2018 at 344.1377
Smart Scan Analysis for SPGSCTTR
Based on a pre-defined weighted trend formula for chart analysis, SPGSCTTR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||352.1206||52wk High Date||2018-03-06|
|52wk Low||271.1684||52wk Low Date||2017-06-26|