Index Trend Analysis Report
Prepared for you on Monday, May 1, 2017.
S&P GSCI CAPPED COMPONENT 35/20 INDEX SPT (CME:SPGSUC)
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 SPGSUC
The long term trend has been DOWN since Mar 14th, 2017 at 257.5146
The intermediate term trend has been DOWN since Apr 24th, 2017 at 259.7646
The short term trend has been DOWN since Apr 27th, 2017 at 258.6966
Smart Scan Analysis for SPGSUC
Based on a pre-defined weighted trend formula for chart analysis, SPGSUC scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||275.3913||52wk High Date||2017-02-13|
|52wk Low||231.5619||52wk Low Date||2016-08-02|