Index Trend Analysis Report
Prepared for you on Monday, December 17, 2018.
S&P GSCI ZINC INDEX TOTAL RETURN (CME:SPGSIZTR)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 SPGSIZTR
The long term trend has been DOWN since Apr 11th, 2018 at 151.25888
The intermediate term trend has been UP since Dec 2nd, 2018 at 130.10204
The short term trend has been DOWN since Dec 9th, 2018 at 128.73000
Smart Scan Analysis for SPGSIZTR
Based on a pre-defined weighted trend formula for chart analysis, SPGSIZTR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||171.3226||52wk High Date||2018-02-15|
|52wk Low||110.5232||52wk Low Date||2018-08-15|