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Index Trend Analysis Report

Prepared for you on Tuesday, December 18, 2018.

S&P GSCI LIGHT ENERGY IND (CPW 4) TOTAL RETURN (CME:SPGSLETR)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.

CME_SPGSLETR
Open High Low SPGSLETR Price Change
1976.31 1983.10 1957.01 1962.93 -13.06
Entry Signal

MarketClub’s Trade Triangles for SPGSLETR

long term down The long term trend has been DOWN since Nov 9th, 2018 at 2036.377

intermediate term down The intermediate term trend has been DOWN since Oct 23rd, 2018 at 2129.001

short term down The short term trend has been DOWN since Dec 14th, 2018 at 1984.770

Smart Scan Analysis for SPGSLETR

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

-100
Smart Scan Analysis for SPGSLETR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1976.31 1983.10 1957.01 1962.93 -13.06
Prev. Close Volume Bid Ask Time
1970.85 0 2018-12-17 15:24:10
52wk High2260.37152wk High Date2018-05-24
52wk Low1942.64552wk Low Date2018-11-27
Want to analyze S&P GSCI LIGHT ENERGY IND (CPW 4) TOTAL RETURN SPGSLETR or another symbol? Try our Free Index Trend Analysis Report.