Index Trend Analysis Report
Prepared for you on Wednesday, January 17, 2018.
S&P GSCI NON-ENERGY EUR INDEX TRUST (CME:SPGSNETRE)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.
MarketClub’s Trade Triangles for SPGSNETRE
The long term trend has been DOWN since Dec 7th, 2017 at 76.8945
The intermediate term trend has been DOWN since Jan 12th, 2018 at 77.3335
The short term trend has been DOWN since Jan 11th, 2018 at 78.3114
Smart Scan Analysis for SPGSNETRE
Based on a pre-defined weighted trend formula for chart analysis, SPGSNETRE scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||91.394||52wk High Date||2017-02-15|
|52wk Low||76.2072||52wk Low Date||2018-01-16|