Index Trend Analysis Report
Prepared for you on Monday, October 15, 2018.
S&P GSCI SUGAR INDEX EXCESS RETURN (CME:SPGSSBP)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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 SPGSSBP
The long term trend has been UP since Oct 10th, 2018 at 9.65641
The intermediate term trend has been UP since Oct 5th, 2018 at 9.26807
The short term trend has been UP since Oct 12th, 2018 at 9.67856
Smart Scan Analysis for SPGSSBP
Based on a pre-defined weighted trend formula for chart analysis, SPGSSBP scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||12.5024||52wk High Date||2017-11-27|
|52wk Low||7.81972||52wk Low Date||2018-08-22|