Index Trend Analysis Report
Prepared for you on Thursday, January 17, 2019.
S&P GSCI GOLD INDEX EXCESS RETURN (CME:SPGSGCP)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 SPGSGCP
The long term trend has been UP since Dec 7th, 2018 at 98.9398
The intermediate term trend has been UP since Dec 3rd, 2018 at 97.7260
The short term trend has been UP since Jan 9th, 2019 at 102.0405
Smart Scan Analysis for SPGSGCP
Based on a pre-defined weighted trend formula for chart analysis, SPGSGCP scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||110.822||52wk High Date||2018-01-25|
|52wk Low||92.6821||52wk Low Date||2018-08-16|