Index Trend Analysis Report
Prepared for you on Monday, April 24, 2017.
S&P GSCI REDUCED ENERGY (CPW 2) EXC RETURN (CME:SPGSREP)
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 SPGSREP
The long term trend has been DOWN since Mar 8th, 2017 at 206.5857
The intermediate term trend has been DOWN since Apr 24th, 2017 at 201.1226
The short term trend has been DOWN since Apr 17th, 2017 at 208.5419
Smart Scan Analysis for SPGSREP
Based on a pre-defined weighted trend formula for chart analysis, SPGSREP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||224.086||52wk High Date||2016-06-09|
|52wk Low||192.4268||52wk Low Date||2016-08-02|