Index Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
S&P GOLDMAN SACHS INDUSTRIAL (CME:SPGSIN)
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 SPGSIN
The long term trend has been UP since Apr 18th, 2018 at 399.8003
The intermediate term trend has been UP since Apr 9th, 2018 at 375.2185
The short term trend has been UP since May 16th, 2018 at 389.2149
Smart Scan Analysis for SPGSIN
Based on a pre-defined weighted trend formula for chart analysis, SPGSIN scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||422.7467||52wk High Date||2018-04-19|
|52wk Low||309.4861||52wk Low Date||2017-06-06|