Index Trend Analysis Report
Prepared for you on Friday, November 24, 2017.
S&P GSCI GAS OIL INDEX SPOT (CME:SPGSGO)
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 SPGSGO
The long term trend has been UP since Aug 1st, 2017 at 458.4685
The intermediate term trend has been UP since Oct 27th, 2017 at 501.8560
The short term trend has been UP since Nov 17th, 2017 at 518.7933
Smart Scan Analysis for SPGSGO
Based on a pre-defined weighted trend formula for chart analysis, SPGSGO scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||530.4871||52wk High Date||2017-11-10|
|52wk Low||375.6379||52wk Low Date||2017-06-22|