Index Trend Analysis Report
Prepared for you on Tuesday, June 19, 2018.
S&P GSCI ULTRA LIGHT ENERGY (CPW 8) SPOT (CME:SPGSUE)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 Apr 11th, 2018 at 380.0737
The intermediate term trend has been DOWN since Jun 15th, 2018 at 380.0002
The short term trend has been DOWN since Jun 11th, 2018 at 383.2868
Smart Scan Analysis for SPGSUE
Based on a pre-defined weighted trend formula for chart analysis, SPGSUE scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||390.6549||52wk High Date||2018-04-19|
|52wk Low||330.9129||52wk Low Date||2017-06-26|