Index Trend Analysis Report
Prepared for you on Sunday, February 18, 2018.
S&P GSCI REDUCED ENERGY (CPW 2) EXC RETURN (CME:SPGSREP)
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 SPGSREP
The long term trend has been UP since Sep 6th, 2017 at 204.9689
The intermediate term trend has been DOWN since Feb 6th, 2018 at 223.7578
The short term trend has been UP since Feb 15th, 2018 at 220.9723
Smart Scan Analysis for SPGSREP
Based on a pre-defined weighted trend formula for chart analysis, SPGSREP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||231.2618||52wk High Date||2018-01-25|
|52wk Low||188.2622||52wk Low Date||2017-06-26|