Index Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
S&P GSCI ULTRA LIGHT ENERGY (CPW 8) SPOT (CME:SPGSUE)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 SPGSUE
The long term trend has been UP since Jul 3rd, 2017 at 349.2524
The intermediate term trend has been DOWN since Feb 9th, 2018 at 368.2729
The short term trend has been UP since Feb 13th, 2018 at 369.5606
Smart Scan Analysis for SPGSUE
Based on a pre-defined weighted trend formula for chart analysis, SPGSUE scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||379.3198||52wk High Date||2018-01-25|
|52wk Low||330.9129||52wk Low Date||2017-06-26|