Index Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
S&P GSCI LIGHT ENERGY EUR INDEX ER (CME:SPGSLEERE)
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 SPGSLEERE
The long term trend has been UP since Apr 19th, 2018 at 60.1626
The intermediate term trend has been UP since Apr 9th, 2018 at 57.9963
The short term trend has been DOWN since Apr 23rd, 2018 at 59.3953
Smart Scan Analysis for SPGSLEERE
Based on a pre-defined weighted trend formula for chart analysis, SPGSLEERE scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||62.0334||52wk High Date||2017-05-02|
|52wk Low||54.6378||52wk Low Date||2017-08-29|