Index Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
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 Nov 6th, 2018 at 219.1238
The intermediate term trend has been UP since Jan 11th, 2019 at 199.0668
The short term trend has been DOWN since Jan 22nd, 2019 at 197.5172
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||250.0846||52wk High Date||2018-10-03|
|52wk Low||194.715||52wk Low Date||2018-11-29|