Index Trend Analysis Report
Prepared for you on Friday, October 20, 2017.
S&P GSCI CAPPED COMPONENT 35/20 INDEX SPT (CME:SPGSUC)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
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 SPGSUC
The long term trend has been UP since Sep 5th, 2017 at 267.1951
The intermediate term trend has been UP since Jun 30th, 2017 at 258.3036
The short term trend has been DOWN since Oct 17th, 2017 at 273.9025
Smart Scan Analysis for SPGSUC
Based on a pre-defined weighted trend formula for chart analysis, SPGSUC scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||276.1769||52wk High Date||2017-10-16|
|52wk Low||240.6458||52wk Low Date||2016-11-04|