Index Trend Analysis Report
Prepared for you on Tuesday, February 20, 2018.
S&P GSCI NA COPPER INDEX TRUST (CME:SPGSHGTR)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 SPGSHGTR
The long term trend has been UP since Jul 17th, 2017 at 378.0689
The intermediate term trend has been UP since Feb 16th, 2018 at 450.4595
The short term trend has been DOWN since Feb 20th, 2018 at 441.1840
Smart Scan Analysis for SPGSHGTR
Based on a pre-defined weighted trend formula for chart analysis, SPGSHGTR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||458.527||52wk High Date||2017-12-28|
|52wk Low||345.2028||52wk Low Date||2017-05-08|