Index Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
S&P GSCI ALUMINIUM INDEX EXCESS RETURN (CME:SPGSIAP)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 SPGSIAP
The long term trend has been UP since Apr 12th, 2018 at 31.74005
The intermediate term trend has been DOWN since Jun 15th, 2018 at 31.10162
The short term trend has been DOWN since Jun 13th, 2018 at 31.78259
Smart Scan Analysis for SPGSIAP
Based on a pre-defined weighted trend formula for chart analysis, SPGSIAP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||37.6669||52wk High Date||2018-04-19|
|52wk Low||26.2434||52wk Low Date||2017-06-26|