Index Trend Analysis Report
Prepared for you on Tuesday, September 18, 2018.
S&P GSCI NON - LIVESTOCK INDEX SPOT (CME:SPGSNL)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 SPGSNL
The long term trend has been DOWN since Aug 15th, 2018 at 221.6135
The intermediate term trend has been UP since Aug 30th, 2018 at 232.7438
The short term trend has been DOWN since Sep 14th, 2018 at 228.2010
Smart Scan Analysis for SPGSNL
Based on a pre-defined weighted trend formula for chart analysis, SPGSNL scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||247.1251||52wk High Date||2018-05-22|
|52wk Low||190.0102||52wk Low Date||2017-10-06|