Index Trend Analysis Report
Prepared for you on Saturday, December 15, 2018.
S&P GSCI LIGHT ENERGY EUR INDEX ER (CME:SPGSLEERE)
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 SPGSLEERE
The long term trend has been DOWN since Nov 13th, 2018 at 58.6850
The intermediate term trend has been DOWN since Oct 23rd, 2018 at 60.9155
The short term trend has been UP since Dec 14th, 2018 at 58.0049
Smart Scan Analysis for SPGSLEERE
Based on a pre-defined weighted trend formula for chart analysis, SPGSLEERE scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||64.5688||52wk High Date||2018-05-29|
|52wk Low||56.1688||52wk Low Date||2018-04-04|