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Index Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

S&P GSCI LIGHT ENERGY IND (CPW 4) SPOT (CME:SPGSLE)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

CME_SPGSLE
Open High Low SPGSLE Price Change
383.3793 385.2978 382.1492 382.6632 -0.3210
Entry Signal

MarketClub’s Trade Triangles for SPGSLE

long term down The long term trend has been DOWN since Jul 11th, 2018 at 382.0030

intermediate term down The intermediate term trend has been DOWN since Aug 13th, 2018 at 382.7524

short term up The short term trend has been UP since Aug 19th, 2018 at 383.6343

Smart Scan Analysis for SPGSLE

Based on a pre-defined weighted trend formula for chart analysis, SPGSLE scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SPGSLE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
383.3793 385.2978 382.1492 382.6632 -0.3210
Prev. Close Volume Bid Ask Time
382.9842 0 2018-08-20 10:17:50
52wk High419.039852wk High Date2018-05-24
52wk Low351.297852wk Low Date2017-08-24
Want to analyze S&P GSCI LIGHT ENERGY IND (CPW 4) SPOT SPGSLE or another symbol? Try our Free Index Trend Analysis Report.