Index Trend Analysis Report
Prepared for you on Friday, August 18, 2017.
S&P GSCI CAPPED COMPT 35/20 INDEX TOTAL RETN (CME:SPGSUCTR)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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 SPGSUCTR
The long term trend has been DOWN since Mar 8th, 2017 at 103.1586
The intermediate term trend has been DOWN since Aug 17th, 2017 at 98.8930
The short term trend has been UP since Aug 18th, 2017 at 100.2270
Smart Scan Analysis for SPGSUCTR
Based on a pre-defined weighted trend formula for chart analysis, SPGSUCTR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||107.9956||52wk High Date||2017-02-10|
|52wk Low||94.7771||52wk Low Date||2017-06-23|