Index Trend Analysis Report
Prepared for you on Monday, November 12, 2018.
SPGSCI PALLADIUM EXCESS RETURN (CME:SPGSPAP)
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 SPGSPAP
The long term trend has been UP since Sep 19th, 2018 at 686.1223
The intermediate term trend has been UP since Aug 26th, 2018 at 621.0179
The short term trend has been DOWN since Nov 6th, 2018 at 736.8968
Smart Scan Analysis for SPGSPAP
Based on a pre-defined weighted trend formula for chart analysis, SPGSPAP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||763.3488||52wk High Date||2018-10-23|
|52wk Low||547.8385||52wk Low Date||2018-08-16|